Atlantis Resources Ltd (ARL) Receives “Buy” Rating from Peel Hunt
Atlantis Resources Ltd (LON:ARL)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a note issued to investors on Friday. They currently have a GBX 131 ($1.71) target price on the stock. Peel Hunt’s price objective would indicate a potential upside of 80.69% from the company’s current price.
Shares of Atlantis Resources (LON:ARL) opened at 73.01 on Friday. The firm’s 50-day moving average is GBX 67.88 and its 200-day moving average is GBX 55.41. Atlantis Resources has a 12-month low of GBX 31.00 and a 12-month high of GBX 84.42. The company’s market capitalization is GBX 76.71 million.
About Atlantis Resources
Atlantis Resources Limited is a United Kingdom-based company involved in the tidal power sector. The Company is focused on two areas, the development of projects, and the supply of turbines and associated equipment. Its turbines business is engaged in the development and delivery of turbines and technology solutions for projects across the world.
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