Tharisa (LON:THS) Rating Reiterated by Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research note issued to investors on Wednesday, MarketBeat.com reports. They currently have a GBX 130 ($1.67) target price on the stock. Berenberg Bank’s price objective points to a potential upside of 59.51% from the company’s current price.

Tharisa Stock Performance

LON THS opened at GBX 81.50 ($1.04) on Wednesday. The firm has a market capitalization of £244.37 million, a P/E ratio of 388.10 and a beta of 0.98. The company has a current ratio of 2.20, a quick ratio of 1.80 and a debt-to-equity ratio of 20.68. The firm’s fifty day moving average price is GBX 77.55 and its two-hundred day moving average price is GBX 66.32. Tharisa has a 1 year low of GBX 47 ($0.60) and a 1 year high of GBX 87.10 ($1.12).

About Tharisa

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.