Yellow Cake’s (YCA) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Yellow Cake (LON:YCA) in a research report sent to investors on Tuesday, Marketbeat reports. They currently have a GBX 712 ($8.86) target price on the stock.

Yellow Cake Price Performance

Shares of YCA stock opened at GBX 489 ($6.08) on Tuesday. Yellow Cake has a 1-year low of GBX 461.80 ($5.75) and a 1-year high of GBX 749.50 ($9.33). The stock’s fifty day moving average price is GBX 520.62 and its 200 day moving average price is GBX 534.44. The company has a market cap of £1.06 billion, a price-to-earnings 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.