assumed coverage on shares of Obtala (LON:OBT) in a research report sent to investors on Tuesday, January 9th. The brokerage issued an accumulate rating on the stock.
Several other research analysts also recently commented on OBT. Beaufort Securities reaffirmed a speculative buy rating on shares of Obtala in a research note on Thursday, September 28th. VSA Capital reissued a buy rating and set a GBX 36 ($0.51) target price on shares of Obtala in a research note on Friday, September 29th. Finally, Northland Securities reissued a corporate rating on shares of Obtala in a research note on Tuesday, October 17th. Three research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Obtala has an average rating of Buy and an average target price of GBX 37.20 ($0.52).
Obtala (LON OBT) opened at GBX 13.27 ($0.19) on Tuesday. The stock has a market capitalization of $41.20 and a PE ratio of 265.45. 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 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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