Yellow Cake (LON:YCA) Given New GBX 675 Price Target at Berenberg Bank

Key Points

• Berenberg Bank has lowered its price target for Yellow Cake from GBX 682 to GBX 675, maintaining a "buy" rating which implies a potential upside of 19.15%.
• Royal Bank Of Canada reaffirmed its "outperform" rating and set a price target of GBX 620 for Yellow Cake shares, contributing to a generally positive outlook with an average target price of GBX 647.50.
• Yellow Cake's stock opened at GBX 566.50, showing significant volatility with a one-year range from GBX 359 to GBX 622.79.

Yellow Cake (LON:YCA - Get Free Report) had its target price dropped by Berenberg Bank from GBX 682 to GBX 675 in a report issued on Tuesday,Digital Look reports. The firm currently has a "buy" rating on the stock. Berenberg Bank's price target suggests a potential upside of 19.15% from the company's current price.

Separately, Royal Bank Of Canada reissued an "outperform" rating and set a GBX 620 price target on shares of Yellow Cake in a report on Thursday, July 24th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of GBX 647.50.

Yellow Cake Stock Performance

Shares of LON YCA opened at GBX 566.50 on Tuesday. The company's fifty day moving average price is GBX 514.60 and its 200 day moving average price is GBX 483.41. Yellow Cake has a 1 year low of GBX 359 and a 1 year high of GBX 622.79. The company has a market capitalization of £1.23 billion, a PE ratio of -262.27 and a beta of 0.27.

Yellow Cake Company Profile

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.

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