Shares of Berkeley Resources Limited (LON:BKY) have been given an average rating of “Buy” by the five brokerages that are covering the firm. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 98.25 ($1.28).
A number of analysts have recently weighed in on BKY shares. Numis Securities Ltd restated a “buy” rating and issued a GBX 100 ($1.31) target price on shares of Berkeley Resources Limited in a research note on Friday, June 10th. FinnCap started coverage on Berkeley Resources Limited in a research note on Thursday, July 21st. They issued a “buy” rating and a GBX 113 ($1.48) target price for the company. Liberum Capital started coverage on Berkeley Resources Limited in a research note on Thursday, July 21st. They issued a “buy” rating and a GBX 60 ($0.78) target price for the company. Finally, WH Ireland restated a “buy” rating and issued a GBX 120 ($1.57) target price on shares of Berkeley Resources Limited in a research note on Tuesday, September 20th.
Shares of Berkeley Resources Limited (LON:BKY) opened at 47.00 on Wednesday. The company has a 50 day moving average of GBX 46.16 and a 200 day moving average of GBX 37.05. Berkeley Resources Limited has a 52-week low of GBX 19.50 and a 52-week high of GBX 52.60. The firm’s market capitalization is GBX 93.21 million.
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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