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Berenberg Bank Remains a Buy on Tharisa (THS)

Berenberg Bank Remains a Buy on Tharisa (THS)

Berenberg Bank analyst Richard Hatch reiterated a Buy rating on Tharisa yesterday and set a price target of p200.00. The company's shares closed today at p87.00.
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Hatch covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Tharisa, and Resolute Mining . According to TipRanks, Hatch has an average return of 8.4% and a 53.42% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tharisa with a p150.00 average price target.
The company has a one-year high of p88.00 and a one-year low of p48.68. Currently, Tharisa has an average volume of 283.1K.
Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of THS in relation to earlier this year.
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