Berkeley Resources Limited’s (BKY) “Buy” Rating Reiterated at WH Ireland
Berkeley Resources Limited (LON:BKY)‘s stock had its “buy” rating restated by equities research analysts at WH Ireland in a note issued to investors on Tuesday. They presently have a GBX 120 ($1.57) price objective on the stock. WH Ireland’s price objective suggests a potential upside of 160.87% from the stock’s previous close.
BKY has been the topic of several other research reports. Liberum Capital reissued a “buy” rating and issued a GBX 60 ($0.78) price target on shares of Berkeley Resources Limited in a research report on Tuesday. FinnCap started coverage on shares of Berkeley Resources Limited in a research note on Thursday, July 21st. They set a “buy” rating and a GBX 113 ($1.48) price objective for the company. Finally, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 100 ($1.31) price objective on shares of Berkeley Resources Limited in a research note on Friday, June 10th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 98.25 ($1.28).
Berkeley Resources Limited (LON:BKY) opened at 49.99 on Tuesday. The stock’s 50 day moving average is GBX 45.63 and its 200 day moving average is GBX 35.62. The company’s market cap is GBX 90.89 million. Berkeley Resources Limited has a 1-year low of GBX 19.50 and a 1-year 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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