Capital Ltd 30.1% potential upside indicated by Berenberg Bank

Capital Ltd with ticker (LON:CAPD) now has a potential upside of 30.1% according to Berenberg Bank.



Berenberg Bank set a target price of 127 GBX for the company, which when compared to the Capital Ltd share price of 89 GBX at opening today (12/01/2022) indicates a potential upside of 30.1%. Trading has ranged between 57 (52 week low) and 90 (52 week high) with an average of 148,129 shares exchanging hands daily. The market capitalisation at the time of writing is £167,337,984.

Capital Limited, formerly Capital Drilling Limited, is a mining services business providing a range of drilling and mine site services to mineral exploration and mining companies, with a focus on the African markets. The Company’s services include exploration, development, drill and blast and grade control drilling for surface and underground projects and load and haul services. The Company’s drilling services include blast hole, delineation, directional, exploration, grade control and underground drilling. The Company has its operations in Botswana, Burkina Faso, Cote d’Ivoire, Egypt, Mali, Mauritania, Namibia, Nigeria and Tanzania.