MARKET DEVELOPMENT
(PRESS RELEASE) - New Britain Palm Oil Rating Reiterated by Panmure Gordon (NBPO)
(PRESS RELEASE) - New Britain Palm Oil Rating Reiterated by Panmure Gordon (NBPO)
10/08/2013 (Watch List News) - Panmure Gordon reissued their buy rating on shares of New Britain Palm Oil (LON:NBPO) in a research report sent to investors on Wednesday morning, AnalystRatingsNetwork reports. The firm currently has a GBX 650 ($9.94) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Shore Capital Stockbrokers reiterated a hold rating on shares of New Britain Palm Oil in a research note to investors on Tuesday. Analysts at Deutsche Bank cut their price target on shares of New Britain Palm Oil from GBX 700 ($10.70) to GBX 650 ($9.94) in a research note to investors on Wednesday, May 15th. They now have a buy rating on the stock.
Shares of New Britain Palm Oil (LON:NBPO) opened at 475.00 on Wednesday. New Britain Palm Oil has a one year low of GBX 347.00 and a one year high of GBX 859.00. The stock’s 50-day moving average is currently GBX 620.4. The company’s market cap is £709.6 million.
New Britain Palm Oil Limited operates in the oil palm, sugar and beef cattle industries in Papua New Guinea with oil palm operations also in the Solomon Islands.
Several other analysts have also recently commented on the stock. Analysts at Shore Capital Stockbrokers reiterated a hold rating on shares of New Britain Palm Oil in a research note to investors on Tuesday. Analysts at Deutsche Bank cut their price target on shares of New Britain Palm Oil from GBX 700 ($10.70) to GBX 650 ($9.94) in a research note to investors on Wednesday, May 15th. They now have a buy rating on the stock.
Shares of New Britain Palm Oil (LON:NBPO) opened at 475.00 on Wednesday. New Britain Palm Oil has a one year low of GBX 347.00 and a one year high of GBX 859.00. The stock’s 50-day moving average is currently GBX 620.4. The company’s market cap is £709.6 million.
New Britain Palm Oil Limited operates in the oil palm, sugar and beef cattle industries in Papua New Guinea with oil palm operations also in the Solomon Islands.