Jefferies raises PT on Australia's Aeris Resources
22/07/2025 21:12
** Analysts at Jefferies raise price target on Australia's Aeris Resources AIS.AX to A$0.22 from A$0.20 ** Company on Tuesday said it expects to produce 24,000 - 29,000 tons of copper in FY26 ** FY26 guidance was better than our expectation, driven by stronger production from Tritton copper operations located in central New South Wales - Jefferies ** Two of four analysts rate the stock "buy" or higher, two "hold"; their median PT is A$0.25, according to data compiled by LSEG ** Stock up 11.4% YTD, as of last close (Reporting by Roshan Thomas in Bengaluru) ((Roshan.Thomas@thomsonreuters.com;))
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