New World Resources Plc Receives “Speculative Buy” Rating from Beaufort Securities (NWR)
New World Resources Plc (LON:NWR)‘s stock had its “speculative buy” rating reiterated by stock analysts at Beaufort Securities in a report issued on Wednesday, AR Network reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of New World Resources Plc (LON:NWR) from GBX 50 ($0.81) to GBX 59 ($0.95) in a research note to investors on Tuesday. They now have an “underweight” rating on the stock. Separately, analysts at Bank of America Corp. reiterated an “underperform” rating on shares of New World Resources Plc (LON:NWR) in a research note to investors on Friday, September 27th. They now have a GBX 19 ($0.31) price target on the stock. Finally, analysts at Citigroup Inc. raised their price target on shares of New World Resources Plc (LON:NWR) from GBX 50 ($0.81) to GBX 75 ($1.21) in a research note to investors on Monday, September 23rd. They now have a “sell” rating on the stock. Five research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 81.33 ($1.31).
New World Resources Plc (LON:NWR) traded up 8.40% on Wednesday, hitting GBX 100.00. 94,111 shares of the company’s stock traded hands. New World Resources Plc has a 52 week low of GBX 50.50 and a 52 week high of GBX 339.40. The stock’s 50-day moving average is GBX 77.64 and its 200-day moving average is GBX 123.2.
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