Tharisa’s (THS) Buy Rating Reiterated at Berenberg Bank

Tharisa (LON:THSGet Rating)‘s stock had its “buy” rating reiterated by stock analysts at Berenberg Bank in a research note issued on Friday, reports. They currently have a GBX 260 ($3.25) price objective on the stock. Berenberg Bank’s price target would indicate a potential upside of 79.31% from the company’s previous close.

LON THS opened at GBX 145 ($1.81) on Friday. The company has a quick ratio of 1.89, a current ratio of 2.36 and a debt-to-equity ratio of 8.17. The company has a market cap of £429.28 million and a PE ratio of 4.88. Tharisa has a 52 week low of GBX 96 ($1.20) and a 52 week high of GBX 172 ($2.15). The firm’s 50-day simple moving average is GBX 156.49 and its two-hundred day simple moving average is GBX 137.56.

About Tharisa (Get Rating)

Tharisa plc, an investment holding company, engages in the mining, processing, beneficiation, marketing, sale, and logistics of platinum group metals (PGM) and chrome concentrates in China, South Africa, Singapore, Hong Kong, the United Arab Emirates, Australia, Japan, and internationally. The company operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing.

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