Berkeley Resources Limited (BKY) Receives Buy Rating from Liberum Capital
Liberum Capital restated their buy rating on shares of Berkeley Resources Limited (LON:BKY) in a research report released on Tuesday morning. They currently have a GBX 60 ($0.78) target price on the stock.
A number of other brokerages have also commented on BKY. FinnCap assumed coverage on Berkeley Resources Limited in a research note on Thursday, July 21st. They issued a buy rating and a GBX 113 ($1.48) price target for the company. Numis Securities Ltd reaffirmed a buy rating and issued a GBX 100 ($1.31) price target on shares of Berkeley Resources Limited in a research note on Friday, July 15th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of GBX 98.25 ($1.28).
Berkeley Resources Limited (LON:BKY) opened at 50.65 on Tuesday. The stock’s market capitalization is GBX 92.09 million. The firm’s 50-day moving average is GBX 45.70 and its 200-day moving average is GBX 35.82. Berkeley Resources Limited has a 12-month low of GBX 19.50 and a 12-month high of GBX 52.60.
About Berkeley Resources Limited
Berkeley Energy Limited, formerly Berkeley Resources Limited, is an energy company. The principal activity of the Company is mineral exploration. The Company operates in the segment of uranium exploration and development in Spain. It is focused on bringing its flagship Salamanca Project (Project), which is located in Western Spain into production.
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