Tharisa (LON:THS) Receives “Buy” Rating from Berenberg Bank

Berenberg Bank restated their buy rating on shares of Tharisa (LON:THS) in a report issued on Thursday, Marketbeat.com reports. They currently have a GBX 210 target price on the stock.

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 135 price target on shares of Tharisa in a research report on Monday, November 10th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 172.50.

Tharisa Stock Performance

THS opened at GBX 140.50 on Thursday. The company has a quick ratio of 1.80, a current ratio of 1.84 and a debt-to-equity ratio of 14.70. The firm has a market cap of £411.81 million, a PE ratio of 5.40 and a beta of 0.90. The business has a fifty day simple moving average of GBX 116.87 and a 200-day simple moving average of GBX 102.50. Tharisa has a fifty-two week low of GBX 48.68 and a fifty-two week high of GBX 148.

Tharisa Company Profile

Tharisa Plc is an integrated resource group, dual listed in London and Johannesburg and produces platinum group metals and chrome concentrates from the Tharisa mine in South Africa. Uniquely positioned through its vertical structure incorporating processing, beneficiation, marketing, sales and logistics, Tharisa is a low cost producer, using technology and innovation to maximise stakeholder returns through exploitation of mineral resources in a responsible manner.