Stock analysts at beau assumed coverage on shares of Obtala (LON:OBT) in a research report issued to clients and investors on Tuesday. The brokerage set an “accumulate” rating on the stock.
OBT has been the topic of several other research reports. VSA Capital reiterated a “buy” rating and issued a GBX 36 ($0.49) price target on shares of Obtala in a report on Friday, September 29th. Beaufort Securities reaffirmed a “speculative buy” rating and set a GBX 37.50 ($0.51) price objective on shares of Obtala in a research note on Monday, October 9th. Finally, Northland Securities reaffirmed a “corporate” rating on shares of Obtala in a research note on Tuesday, October 17th.
Obtala (OBT) opened at GBX 14.25 ($0.19) on Tuesday. Obtala has a fifty-two week low of GBX 11.80 ($0.16) and a fifty-two week high of GBX 25.70 ($0.35). The firm has a market cap of $41.67 and a P/E ratio of 285.00.
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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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