Allkem (OTCMKTS:OROCF – Get Rating) was upgraded by research analysts at Credit Suisse Group from an “underperform” rating to a “neutral” rating in a note issued to investors on Friday, The Fly reports.
Separately, Jefferies Financial Group downgraded Allkem from a “buy” rating to a “hold” rating in a research report on Friday, January 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Allkem has an average rating of “Hold”.
Allkem Trading Down 0.3 %
Allkem stock opened at $7.78 on Friday. The business’s 50-day simple moving average is $7.66 and its 200-day simple moving average is $8.55. Allkem has a 52 week low of $6.35 and a 52 week high of $11.04.
About Allkem
Allkem Ltd. operates as a lithium chemicals company and borates producer with a global portfolio of diverse & lithium chemicals. The company was founded on January 20, 2005 and is headquartered in Brisbane, Australia.
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