A number of other equities research analysts also recently weighed in on the company. Northland Securities reaffirmed a corporate rating on shares of Obtala in a research report on Tuesday, October 17th. Beaufort Securities reaffirmed a speculative buy rating and set a GBX 37.50 ($0.51) price objective on shares of Obtala in a research report on Monday, October 9th. Finally, VSA Capital reaffirmed a buy rating and set a GBX 36 ($0.49) price objective on shares of Obtala in a research report on Friday, September 29th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has a consensus rating of Hold and an average price target of GBX 36.75 ($0.50).
Obtala (LON:OBT) opened at GBX 13.94 ($0.19) on Tuesday. Obtala has a twelve month low of GBX 11.80 ($0.16) and a twelve month high of GBX 25.70 ($0.35). The firm has a market cap of $43.50 and a P/E ratio of 278.80.
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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