Greatland Resources (LON:GGP) Stock Price Expected to Rise, Citigroup Analyst Says

Greatland Resources (LON:GGP) had its price objective lifted by Citigroup from GBX 780 to GBX 816 in a note issued to investors on Thursday,London Stock Exchange reports. The firm presently has a “neutral” rating on the stock. Citigroup’s price objective suggests a potential upside of 23.23% from the company’s current price.

Separately, Royal Bank Of Canada raised their price target on shares of Greatland Resources from GBX 675 to GBX 816 and gave the stock a “buy” rating in a report on Thursday, January 29th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Greatland Resources currently has a consensus rating of “Moderate Buy” and an average price target of GBX 626.75.

Greatland Resources Trading Down 1.9%

LON GGP traded down GBX 13.10 on Thursday, reaching GBX 662.20. 4,195,383 shares of the company were exchanged, compared to its average volume of 13,173,996. The company has a current ratio of 2.48, a quick ratio of 2.36 and a debt-to-equity ratio of 2.28. The business’s fifty day moving average price is GBX 641.26 and its 200 day moving average price is GBX 501.93. The stock has a market capitalization of £4.46 billion, a P/E ratio of 3.74 and a beta of 1.27. Greatland Resources has a fifty-two week low of GBX 202 and a fifty-two week high of GBX 730.90.