Tharisa (LON:THS) Stock Rating Reaffirmed by Berenberg Bank

Tharisa (LON:THS – Get Rating)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a report issued on Tuesday, MarketBeat Ratings reports. They presently have a GBX 290 ($3.63) target price on the stock. Berenberg Bank’s target price points to a potential upside of 237.21% from the company’s current price.

Tharisa Stock Up 1.9 %

Shares of THS stock opened at GBX 86 ($1.08) on Tuesday. The stock’s 50-day simple moving average is GBX 96.12 and its 200-day simple moving average is GBX 99.31. The company has a debt-to-equity ratio of 10.14, a quick ratio of 1.80 and a current ratio of 2.23. The firm has a market capitalization of £257.82 million, a PE ratio of 204.76 and a beta of 0.89. Tharisa has a fifty-two week low of GBX 82.02 ($1.03) and a fifty-two week high of GBX 150 ($1.88).

About Tharisa

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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 South Africa, China, Singapore, Hong Kong, Australia, Japan, and internationally. It operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing.