Yellow Cake (LON:YCA) Given “Buy” Rating at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Yellow Cake (LON:YCA) in a research report released on Tuesday, Marketbeat reports. Berenberg Bank currently has a GBX 712 ($8.86) price target on the stock.

Yellow Cake Trading Up 1.3 %

Shares of LON:YCA opened at GBX 489 ($6.08) on Tuesday. Yellow Cake has a 12-month low of GBX 461.80 ($5.75) and a 12-month high of GBX 749.50 ($9.33). The business’s fifty day simple moving average is GBX 520.62 and its 200-day simple moving average is GBX 534.44. The company has a market capitalization of £1.06 billion, a PE ratio of 187.36 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.