Goldman Sachs downgraded Beach Energy to Sell from Neutral with a A$1.50 price target. The analyst cites relative valuation for the downgrade as it sees 0% upside for the shares versus 15% across the sector.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BEPTF: