Tharisa (LON:THS) Earns “Buy” Rating from Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a note issued to investors on Thursday, MarketBeat reports. They currently have a GBX 120 ($1.53) target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 73.91% from the company’s current price.

Tharisa Price Performance

THS stock opened at GBX 69 ($0.88) on Thursday. The company has a debt-to-equity ratio of 15.84, a quick ratio of 1.80 and a current ratio of 2.07. The company’s fifty day moving average price is GBX 69.89 and its 200-day moving average price is GBX 75.63. Tharisa has a one year low of GBX 47 ($0.60) and a one year high of GBX 87.10 ($1.11). The company has a market capitalization of £203.69 million, a PE ratio of 328.57 and a beta of 0.90.

Tharisa Company Profile

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.