Citigroup Issues Positive Forecast for Greatland Resources (LON:GGP) Stock Price

Greatland Resources (LON:GGP) had its price target lifted by Citigroup from GBX 780 to GBX 816 in a research report released on Thursday,London Stock Exchange reports. The firm currently has a neutral rating on the stock.

Separately, Royal Bank Of Canada lifted their price objective on Greatland Resources from GBX 675 to GBX 816 and gave the stock a “buy” rating in a report on Thursday, January 29th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Greatland Resources currently has a consensus rating of “Moderate Buy” and an average price target of GBX 626.75.

Greatland Resources Stock Performance

LON:GGP opened at GBX 662.20 on Thursday. The company has a market cap of £4.46 billion, a PE ratio of 3.74 and a beta of 1.27. The company has a current ratio of 2.48, a quick ratio of 2.36 and a debt-to-equity ratio of 2.28. The company has a 50 day simple moving average of GBX 640.89 and a two-hundred day simple moving average of GBX 503.04. Greatland Resources has a 12 month low of GBX 202 and a 12 month high of GBX 730.90.