Obtala (OBT) Receives “Buy” Rating from VSA Capital

VSA Capital reiterated their buy rating on shares of Obtala (LON:OBT) in a research report sent to investors on Tuesday morning. VSA Capital currently has a GBX 36 ($0.51) price target on the stock.

Several other analysts have also recently commented on the company. Align Research reduced their price target on Obtala from GBX 38.18 ($0.54) to GBX 38.09 ($0.53) and set a conviction-buy rating for the company in a report on Monday. Beaufort Securities reissued a speculative buy rating on shares of Obtala in a report on Thursday, January 11th. beau assumed coverage on Obtala in a report on Tuesday, January 9th. They issued an accumulate rating for the company. assumed coverage on Obtala in a report on Tuesday, January 9th. They issued an accumulate rating for the company. Finally, Northland Securities reissued a corporate rating on shares of Obtala in a report on Tuesday, October 17th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of Buy and a consensus price target of GBX 37.20 ($0.52).

Obtala (LON:OBT) opened at GBX 13 ($0.18) on Tuesday. The firm has a market capitalization of $38.69 and a P/E ratio of 260.00. Obtala has a 12 month low of GBX 11.80 ($0.17) and a 12 month high of GBX 25.70 ($0.36).

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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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