Tharisa (THS) Given “Buy” Rating at Berenberg Bank

Tharisa (LON:THS)‘s stock had its “buy” rating restated by investment analysts at Berenberg Bank in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 150 ($1.96) target price on the stock. Berenberg Bank’s target price would suggest a potential upside of 39.53% from the stock’s previous close.

Separately, Peel Hunt reiterated a “buy” rating on shares of Tharisa in a research report on Friday, May 10th.

THS stock traded up GBX 1 ($0.01) on Wednesday, hitting GBX 107.50 ($1.40). The company’s stock had a trading volume of 173 shares, compared to its average volume of 15,153. Tharisa has a 1 year low of GBX 84 ($1.10) and a 1 year high of GBX 121.94 ($1.59). The company has a market cap of $276.61 million and a price-to-earnings ratio of 5.97. The company has a debt-to-equity ratio of 25.95, a current ratio of 2.05 and a quick ratio of 1.76.

About Tharisa

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 China, South Africa, Singapore, Hong Kong, and internationally. The company operates through three segments: PGM, Chrome, and Agency and Trading.

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