Yellow Cake (LON:YCA) Receives Buy Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Yellow Cake (LON:YCA) in a research note released on Tuesday, Digital Look reports. Berenberg Bank currently has a GBX 722 ($9.54) price target on the stock.

Yellow Cake Stock Performance

Shares of YCA stock opened at GBX 530 ($7.00) on Tuesday. The stock has a market cap of £1.15 billion, a PE ratio of 199.25 and a beta of 0.27. The business’s fifty day moving average is GBX 526.54 and its 200-day moving average is GBX 591.41. Yellow Cake has a 1 year low of GBX 480.20 ($6.34) and a 1 year high of GBX 749.50 ($9.90).

About Yellow Cake

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.