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

Tharisa (LON:THS)‘s stock had its “buy” rating reissued by Berenberg Bank in a note issued to investors on Thursday,Digital Look reports. They presently have a GBX 120 ($1.52) price target on the stock. Berenberg Bank’s price objective would indicate a potential upside of 71.43% from the company’s current price.

Tharisa Trading Up 2.9 %

LON THS opened at GBX 70 ($0.89) on Thursday. The company has a quick ratio of 1.80, a current ratio of 2.07 and a debt-to-equity ratio of 15.84. Tharisa has a twelve month low of GBX 47 ($0.60) and a twelve month high of GBX 87.10 ($1.11). The company has a market cap of £206.64 million, a price-to-earnings ratio of 333.33 and a beta of 0.90. The business’s fifty day moving average is GBX 70.03 and its 200 day moving average is GBX 75.65.

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.