Yellow Cake’s (YCA) Buy Rating Reaffirmed at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Yellow Cake (LON:YCA) in a report published on Tuesday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 722 ($9.15) target price on the stock.

Yellow Cake Stock Performance

The firm’s 50-day simple moving average is GBX 558.06 and its 200-day simple moving average is GBX 557.34. The company has a market cap of £1.15 billion, a P/E ratio of 203.90 and a beta of 0.27. Yellow Cake has a 12-month low of GBX 480.20 ($6.09) and a 12-month high of GBX 749.50 ($9.50).

About Yellow Cake

Yellow Cake plc operates in the uranium sector. It is involved in the purchase and holding of uranium oxide concentrates, and exploitation of other uranium-related opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.