Shares of Obtala Ltd (LON:OBT) have earned an average rating of “Buy” from the six analysts that are presently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 37.05 ($0.51).
Several equities analysts recently commented on OBT shares. beau started coverage on shares of Obtala in a research note on Tuesday, January 9th. They issued an “accumulate” rating for the company. Beaufort Securities reiterated a “speculative buy” rating on shares of Obtala in a research report on Thursday, January 11th. initiated coverage on shares of Obtala in a research report on Tuesday, January 9th. They set an “accumulate” rating for the company. VSA Capital reiterated a “buy” rating and set a GBX 36 ($0.50) price objective on shares of Obtala in a research report on Monday, January 8th. Finally, Align Research cut their target price on shares of Obtala from GBX 38.18 ($0.53) to GBX 38.09 ($0.53) and set a “conviction-buy” rating on the stock in a research note on Monday, January 29th.
Shares of Obtala (LON OBT) traded up GBX 0.12 ($0.00) during trading hours on Friday, reaching GBX 10.75 ($0.15). 318,939 shares of the company traded hands, compared to its average volume of 366,905. The company has a market cap of $32.88 and a P/E ratio of 215.00. Obtala has a fifty-two week low of GBX 10.35 ($0.14) and a fifty-two week high of GBX 25.70 ($0.36).
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Obtala Company Profile
Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.
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