New Britain Palm Oil Limited Rating Reiterated by Liberum Capital (NBPO)
New Britain Palm Oil Limited (LON:NBPO)‘s stock had its “buy” rating reiterated by equities researchers at Liberum Capital in a research report issued on Wednesday. They currently have a GBX 750 ($12.86) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 36.36% from the company’s current price.
Shares of New Britain Palm Oil Limited (LON:NBPO) traded up 0.18% during mid-day trading on Wednesday, hitting GBX 550.00. 200,270 shares of the company’s stock traded hands. New Britain Palm Oil Limited has a 52-week low of GBX 308.00 and a 52-week high of GBX 551.43. The stock’s 50-day moving average is GBX 444. and its 200-day moving average is GBX 397.4. The company’s market cap is £821.6 million.
Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of New Britain Palm Oil Limited in a research note on Tuesday, May 6th. They now have a GBX 580 ($9.95) price target on the stock.
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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