Yellow Cake (LON:YCA) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Yellow Cake (LON:YCA) in a report issued on Tuesday morning, Marketbeat.com reports. They currently have a GBX 712 ($8.84) target price on the stock.

Yellow Cake Stock Up 1.6 %

YCA stock opened at GBX 502.50 ($6.24) on Tuesday. Yellow Cake has a 52-week low of GBX 461.80 ($5.74) and a 52-week high of GBX 749.50 ($9.31). The stock has a market cap of £1.09 billion, a price-to-earnings ratio of 192.53 and a beta of 0.27. The business has a fifty day moving average of GBX 517.86 and a two-hundred day moving average of GBX 533.53.

About Yellow Cake

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.