Beaufort Securities Reiterates “Buy” Rating for Dekeloil Public Ltd (DKL)
Dekeloil Public Ltd (LON:DKL)‘s stock had its “buy” rating restated by equities researchers at Beaufort Securities in a report released on Thursday. They currently have a GBX 23 ($0.31) target price on the stock. Beaufort Securities’ price objective would suggest a potential upside of 138.96% from the company’s current price.
Shares of Dekeloil Public (LON:DKL) traded down 2.53% during mid-day trading on Thursday, reaching GBX 9.62. 1,184,511 shares of the company’s stock were exchanged. The stock’s market cap is GBX 28.37 million. The company has a 50 day moving average price of GBX 11.84 and a 200-day moving average price of GBX 12.50. Dekeloil Public has a one year low of GBX 9.48 and a one year high of GBX 15.75.
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Dekeloil Public Company Profile
DekelOil Public Limited is a United Kingdom-based company, which is engaged in developing and cultivating palm oil plantations in Cote d’lvoire. The Company is also engaged in the processing, production and marketing of Crude Palm Oil (CPO). Its agricultural and oil palm processing infrastructure includes a computerized oil palm nursery with a capacity of approximately one million plants per year.
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