Yellow Cake (LON:YCA) Rating Reiterated by Berenberg Bank

Yellow Cake (LON:YCA)‘s stock had its “buy” rating reissued by equities research analysts at Berenberg Bank in a report released on Tuesday, MarketBeat Ratings reports. They presently have a GBX 776 ($9.66) price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 25.67% from the stock’s current price.

Yellow Cake Trading Up 2.0 %

Shares of LON:YCA opened at GBX 617.50 ($7.69) on Tuesday. The stock has a 50 day moving average of GBX 632.97 and a 200 day moving average of GBX 613.08. The company has a market cap of £1.34 billion, a PE ratio of 305.69 and a beta of 0.29. Yellow Cake has a 12-month low of GBX 352.20 ($4.38) and a 12-month high of GBX 749.50 ($9.33).

Yellow Cake Company Profile

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.