Ceres Power’s (CWR) Buy Rating Reiterated at Liberum Capital
Liberum Capital reissued their buy rating on shares of Ceres Power (LON:CWR) in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.
Separately, Berenberg Bank boosted their target price on shares of Ceres Power from GBX 230 ($3.01) to GBX 290 ($3.79) and gave the company a buy rating in a research note on Friday, July 19th.
Shares of LON:CWR opened at GBX 198 ($2.59) on Wednesday. Ceres Power has a 52 week low of GBX 124.98 ($1.63) and a 52 week high of GBX 209.95 ($2.74). The company’s fifty day moving average is GBX 185.48 and its 200-day moving average is GBX 174.31. The company has a market capitalization of $302.49 million and a PE ratio of -34.74.
Ceres Power Holdings plc, a fuel cell technology and engineering company, engages in the development and commercialization of fuel cell technology in North America, Asia, and Europe. The company offers SteelCell, a perforated sheet of steel with special screen-printed ceramic layers that converts fuel directly into electrical power.
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