Obtala Resources Plc Receives Outperform Rating from Macquarie (OBT)
Obtala Resources Plc (LON:OBT)‘s stock had its “outperform” rating reaffirmed by analysts at Macquarie in a research report issued to clients and investors on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 35 ($0.56) price objective on the stock. Macquarie’s price objective points to a potential upside of 277.16% from the stock’s previous close.
Shares of Obtala Resources Plc (LON:OBT) traded up 6.29% on Thursday, hitting GBX 9.30. 7,419,971 shares of the company’s stock traded hands. Obtala Resources Plc has a 52-week low of GBX 5.32 and a 52-week high of GBX 24.863. The stock’s 50-day moving average is GBX 7.16 and its 200-day moving average is GBX 7.16.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.