Peel Hunt Reduced Berkeley Energia Ltd (BKY) Target Price to GBX 90

Peel Hunt Reduced Berkeley Energia Ltd (BKY) Target Price to GBX 90

Berkeley Energia Ltd (LON:BKY) had its price objective cut by equities research analysts at Peel Hunt from GBX 93 ($1.15) to GBX 90 ($1.11) in a research note issued on Monday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price objective indicates a potential upside of 69.81% from the stock’s current price.

BKY has been the topic of a number of other research reports. FinnCap reiterated an “under review” rating on shares of Berkeley Energia in a research report on Monday, January 16th. Liberum Capital lowered Berkeley Energia to a “hold” rating and set a GBX 60 ($0.74) target price on the stock. in a research report on Thursday, February 23rd. Finally, Numis Securities Ltd reiterated a “buy” rating and set a GBX 80 ($0.99) target price on shares of Berkeley Energia in a research report on Friday, November 25th. One research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 92.60 ($1.14).

Berkeley Energia (LON:BKY) opened at 53.00 on Monday. The stock’s market capitalization is GBX 134.88 million. Berkeley Energia has a 1-year low of GBX 25.50 and a 1-year high of GBX 71.71. The firm’s 50-day moving average is GBX 58.32 and its 200 day moving average is GBX 52.92.

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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