Berkeley Resources Limited (BKY) Rating Reiterated by WH Ireland
Berkeley Resources Limited (LON:BKY)‘s stock had its “buy” rating reiterated by WH Ireland in a research note issued to investors on Tuesday. They presently have a GBX 120 ($1.57) target price on the stock. WH Ireland’s price target indicates a potential upside of 141.21% from the stock’s previous close.
BKY has been the subject of a number of other research reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 60 ($0.78) price objective on shares of Berkeley Resources Limited in a report on Tuesday. FinnCap began coverage on shares of Berkeley Resources Limited in a report on Thursday, July 21st. They issued a “buy” rating and a GBX 113 ($1.48) price objective for the company. Finally, Numis Securities Ltd reaffirmed a “buy” rating and issued a GBX 100 ($1.31) price objective on shares of Berkeley Resources Limited in a report on Friday, June 10th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Berkeley Resources Limited has a consensus rating of “Buy” and a consensus target price of GBX 98.25 ($1.28).
Shares of Berkeley Resources Limited (LON:BKY) traded up 8.15% during trading on Tuesday, hitting GBX 49.75. 1,036,645 shares of the stock were exchanged. The stock has a 50-day moving average of GBX 45.70 and a 200 day moving average of GBX 35.82. The stock’s market cap is GBX 90.45 million. Berkeley Resources Limited has a 12-month low of GBX 19.50 and a 12-month high of GBX 52.60.
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Berkeley Resources Limited Company Profile
Berkeley Energy Limited, formerly Berkeley Resources Limited, is an energy company. The principal activity of the Company is mineral exploration. The Company operates in the segment of uranium exploration and development in Spain. It is focused on bringing its flagship Salamanca Project (Project), which is located in Western Spain into production.
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