Berenberg Bank Reiterates “Buy” Rating for Yellow Cake (LON:YCA)

Berenberg Bank restated their buy rating on shares of Yellow Cake (LON:YCA) in a research note published on Monday, MarketBeat reports. They currently have a GBX 722 ($9.45) target price on the stock.

Yellow Cake Price Performance

Shares of LON YCA opened at GBX 574 ($7.51) on Monday. Yellow Cake has a 12 month low of GBX 480.20 ($6.28) and a 12 month high of GBX 749.50 ($9.81). The company has a 50-day simple moving average of GBX 532.62 and a 200-day simple moving average of GBX 586.27. The company has a market cap of £1.24 billion, a PE ratio of 219.92 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.