Tharisa (THS) Rating Reiterated by Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating reissued by Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They currently have a GBX 150 ($1.96) price objective on the stock. Berenberg Bank’s price objective indicates a potential upside of 39.53% from the company’s previous close.

Separately, Peel Hunt restated a “buy” rating on shares of Tharisa in a report on Friday, May 10th.

Shares of Tharisa stock traded up GBX 1 ($0.01) during trading hours on Wednesday, hitting GBX 107.50 ($1.40). The company’s stock had a trading volume of 173 shares, compared to its average volume of 15,153. Tharisa has a 12 month low of GBX 84 ($1.10) and a 12 month high of GBX 121.94 ($1.59). The company has a market capitalization of $276.61 million and a P/E ratio of 5.97. The company has a debt-to-equity ratio of 25.95, a current ratio of 2.05 and a quick ratio of 1.76.

Tharisa Company Profile

Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in China, South Africa, Singapore, Hong Kong, and internationally. The company operates through three segments: PGM, Chrome, and Agency and Trading.

Further Reading: Initial Public Offering (IPO)

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