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Berenberg Bank Sticks to Their Buy Rating for Rainbow Rare Earths (RBW)

Berenberg Bank Sticks to Their Buy Rating for Rainbow Rare Earths (RBW)

Berenberg Bank analyst Richard Hatch maintained a Buy rating on Rainbow Rare Earths on July 3 and set a price target of £0.34. The company's shares closed yesterday at p11.25.
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According to TipRanks, Hatch is a 4-star analyst with an average return of 8.2% and a 51.80% success rate. Hatch covers the Basic Materials sector, focusing on stocks such as Tharisa, Rio Tinto, and Resolute Mining .
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Rainbow Rare Earths with a p35.00 average price target.
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