New Britain Palm Oil Limited Stock Rating Reaffirmed by Liberum Capital (NBPO)
New Britain Palm Oil Limited (LON:NBPO)‘s stock had its “buy” rating restated by analysts at Liberum Capital in a research report issued to clients and investors on Tuesday. They currently have a GBX 750 ($12.41) price objective on the stock. Liberum Capital’s price objective indicates a potential upside of 68.50% from the company’s current price.
New Britain Palm Oil Limited (LON:NBPO) traded down 1.66% during mid-day trading on Tuesday, hitting GBX 445.01. The stock had a trading volume of 38,338 shares. 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 509.3 and its 200-day moving average is GBX 429.1. The company’s market cap is £664.8 million.
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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