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Research analysts at Northland Capital Partners initiated coverage on shares of W Resources PLC (LON:WRES) in a report released on Thursday. The firm set a “buy” rating and a GBX 2.20 ($0.04) price target on the stock. Northland Capital Partners’ price target would indicate a potential upside of 175.34% from the company’s current price.

W Resources PLC (LON:WRES) opened at 0.8075 on Thursday. W Resources PLC has a 52 week low of GBX 0.77 and a 52 week high of GBX 1.05. The stock’s 50-day moving average is GBX 0.86 and its 200-day moving average is GBX 0.86.

A number of other firms have also recently commented on WRES. Analysts at Northland Securities initiated coverage on shares of W Resources PLC in a research note on Thursday. They set a “buy” rating and a GBX 2.20 ($0.04) price target on the stock. Separately, analysts at Beaufort Securities reiterated a “speculative buy” rating on shares of W Resources PLC in a research note on Tuesday.

W Resources Plc, formerly Caspian Holdings PLC, is a holding company. The Company is a tungsten exploration and development company.

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