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New Britain Palm Oil Receives Buy Rating from Deutsche Bank (NBPO)
calendar01-03-2013 | linkJags Report | Share This Post:

01/03/2013 (Jags Report) - New Britain Palm Oil (LON: NBPO)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Thursday. They currently have a $10.61 (700 GBX) target price on the stock.

New Britain Palm Oil traded up 3.45% on Thursday, hitting GBX 525.00. New Britain Palm Oil has a 52-week low of GBX 476.10 and a 52-week high of GBX 904.38. The stock’s 50-day moving average is currently GBX 620.4. The company’s market cap is £782.0 million.

Separately, analysts at Shore Capital Stockbrokers reiterated a “sell” rating on shares of New Britain Palm Oil in a research note to investors on Wednesday.

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.