Tharisa (LON:THS) Given “Buy” Rating at Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating reissued by investment analysts at Berenberg Bank in a research report issued on Thursday,Digital Look reports. They currently have a GBX 120 ($1.52) price target on the stock. Berenberg Bank’s price target points to a potential upside of 71.43% from the company’s previous close.

Tharisa Trading Up 2.9 %

Shares of THS stock opened at GBX 70 ($0.89) on Thursday. The stock’s fifty day moving average price is GBX 70.03 and its two-hundred day moving average price is GBX 75.65. The company has a market cap of £206.64 million, a PE ratio of 333.33 and a beta of 0.90. Tharisa has a fifty-two week low of GBX 47 ($0.60) and a fifty-two week high of GBX 87.10 ($1.11). The company has a debt-to-equity ratio of 15.84, a quick ratio of 1.80 and a current ratio of 2.07.

Tharisa Company Profile

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, the United States, Australia, Japan, and internationally. It operates through four segments: PGM, Chrome, Agency and Trading, and Manufacturing.