New Britain Palm Oil Given “Buy” Rating at Liberum Capital (NBPO)
New Britain Palm Oil (LON:NBPO)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a report issued on Friday, ARN reports. They currently have a GBX 750 ($12.30) target price on the stock. Liberum Capital’s price target would suggest a potential upside of 89.87% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Panmure Gordon cut their price target on shares of New Britain Palm Oil from GBX 650 ($10.66) to GBX 600 ($9.84) in a research note to investors on Thursday, November 28th. They now have a “buy” rating on the stock. Analysts at WH Ireland initiated coverage on shares of New Britain Palm Oil in a research note to investors on Monday, November 18th. They set a “sell” rating and a GBX 400 ($6.56) price target on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 600 ($9.84).
New Britain Palm Oil Limited operates in the oil palm, sugar and beef cattle industries in Papua New Guinea with oil palm operations also in the Solomon Islands.
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