Numis Securities Ltd Reiterates Buy Rating for Berkeley Energia Ltd (BKY)
Berkeley Energia Ltd (LON:BKY)‘s stock had its “buy” rating restated by Numis Securities Ltd in a research report issued to clients and investors on Friday. They presently have a GBX 80 ($0.99) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 81.20% from the company’s current price.
BKY has been the subject of several other reports. WH Ireland reissued a “buy” rating and set a GBX 120 ($1.49) price objective on shares of Berkeley Energia in a report on Tuesday, September 20th. Peel Hunt started coverage on Berkeley Energia in a report on Tuesday, November 1st. They set a “buy” rating and a GBX 93 ($1.15) price objective for the company. Liberum Capital reissued a “buy” rating and set a GBX 60 ($0.74) price objective on shares of Berkeley Energia in a report on Tuesday, September 20th. Finally, FinnCap reissued an “under review” rating on shares of Berkeley Energia in a report on Friday, November 4th. Four investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of GBX 93.20 ($1.16).
Shares of Berkeley Energia (LON:BKY) opened at 46.50 on Friday. The firm’s market capitalization is GBX 92.22 million. The company’s 50 day moving average is GBX 47.18 and its 200 day moving average is GBX 42.89. Berkeley Energia has a 12-month low of GBX 19.50 and a 12-month high of GBX 57.00.
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About Berkeley Energia
Berkeley Energia Limited, formerly Berkeley Energy Limited, is engaged in mineral exploration and development. The Company is focused on developing Europe’s uranium project, the Salamanca mine. The Company is developing the Salamanca project in uranium mining area in western Spain.
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