Obtala’s (OBT) “Buy” Rating Reaffirmed at VSA Capital

VSA Capital reaffirmed their buy rating on shares of Obtala (LON:OBT) in a research note released on Monday morning. VSA Capital currently has a GBX 36 ($0.49) price objective on the stock.

Several other equities analysts have also recently weighed in on the stock. Northland Securities reaffirmed a corporate rating on shares of Obtala in a research note on Tuesday, October 17th. Beaufort Securities reiterated a speculative buy rating and set a GBX 37.50 ($0.51) price objective on shares of Obtala in a research report on Monday, October 9th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Obtala currently has an average rating of Hold and an average target price of GBX 36.75 ($0.50).

Shares of Obtala (LON OBT) opened at GBX 14.88 ($0.20) on Monday. The stock has a market cap of $44.24 and a price-to-earnings ratio of 297.60. Obtala has a 52 week low of GBX 11.80 ($0.16) and a 52 week high of GBX 25.70 ($0.35).

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Obtala Company Profile

Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.

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