Yellow Cake (LON:YCA) Stock Rating Reaffirmed by Berenberg Bank

Yellow Cake (LON:YCA)‘s stock had its “buy” rating reiterated by analysts at Berenberg Bank in a report issued on Tuesday, Digital Look reports. They currently have a GBX 722 ($9.54) price target on the stock. Berenberg Bank’s target price would suggest a potential upside of 36.23% from the stock’s previous close.

Yellow Cake Stock Down 0.4 %

LON:YCA opened at GBX 530 ($7.00) on Tuesday. Yellow Cake has a twelve month low of GBX 480.20 ($6.34) and a twelve month high of GBX 749.50 ($9.90). The stock’s 50-day simple moving average is GBX 526.54 and its 200 day simple moving average is GBX 591.41. The firm has a market capitalization of £1.15 billion, a PE ratio of 199.24 and a beta of 0.27.

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.