Jarden analyst Ben Lyons maintained a Buy rating on Pilbara Minerals Limited (PILBF – Research Report) today and set a price target of A$2.60. The company’s shares closed yesterday at $1.39.

According to TipRanks, Lyons is a 4-star analyst with an average return of 8.2% and a 69.70% success rate. Lyons covers the Basic Materials sector, focusing on stocks such as Pilbara Minerals Limited, Syrah Resources, and Northern Star Resources Ltd.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pilbara Minerals Limited with a $1.69 average price target, which is a 21.58% upside from current levels. In a report released yesterday, Bell Potter also maintained a Buy rating on the stock with a A$3.00 price target.

The company has a one-year high of $3.00 and a one-year low of $1.17. Currently, Pilbara Minerals Limited has an average volume of 72.59K.

Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PILBF in relation to earlier this year.