Sovereign Metals (LON:SVML) Given New GBX 51 Price Target at Berenberg Bank

Sovereign Metals (LON:SVMLGet Rating) had its price objective upped by Berenberg Bank from GBX 44 ($0.57) to GBX 51 ($0.66) in a report issued on Thursday, LSE.Co.UK reports. They currently have a buy rating on the stock.

Sovereign Metals stock opened at GBX 38.50 ($0.50) on Thursday. Sovereign Metals has a 12-month low of GBX 22 ($0.29) and a 12-month high of GBX 53.90 ($0.70). The stock has a market capitalization of £166.49 million and a price-to-earnings ratio of -25.67.

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