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Barrenjoey’s top battery metals picks ahead of earnings season

Tom Richardson
Tom RichardsonJournalist

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Broker Barrenjoey said listed miners are set to reveal the hit from rising cost pressures this earnings season, but those businesses enjoy a strong outlook as limited supply and soaring demand supports elevated commodity prices.

The investment group has a bullish $13 share price target on NSW-based coal miner Whitehaven Coal and expects a 69¢ a share final dividend (worth around $590 million), which is significantly ahead of consensus forecasts at 45¢ per share.

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    Original URL: https://www.afr.com/markets/equity-markets/barrenjoey-s-top-battery-metals-picks-ahead-of-earnings-season-20230118-p5cdfx