Several other research analysts have also issued reports 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) target price on shares of Obtala in a research report on Monday, October 9th. initiated coverage on Obtala in a research report on Tuesday, January 9th. They set an accumulate rating for the company. Finally, VSA Capital reaffirmed a buy rating and set a GBX 36 ($0.49) target price 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 assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of GBX 36.75 ($0.50).
Shares of Obtala (LON OBT) traded down GBX 0.65 ($0.01) during trading hours on Tuesday, hitting GBX 15.10 ($0.20). 182,724 shares of the company’s stock were exchanged, compared to its average volume of 304,779. The stock has a market cap of $44.84 and a PE ratio of 302.00. Obtala has a 1-year low of GBX 11.80 ($0.16) and a 1-year high of GBX 25.70 ($0.35).
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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