Ceres Power Holdings plc 20.5% Potential Upside Indicated by Berenberg

Broker Ratings
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Ceres Power Holdings plc using EPIC/TICKER code (LON:CWR) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Ceres Power Holdings plc are listed in the Oil & Gas sector within AIM. Berenberg have set a target price of 470 GBX on its stock. This would imply the analyst believes there is now a potential upside of 20.5% from today’s opening price of 390 GBX. Over the last 30 and 90 trading days the company share price has increased 120 points and increased 170 points respectively. The 52 week high for the share price is currently at 443 GBX while the year low stock price is currently 123.26 GBX.

Ceres Power Holdings plc has a 50 day moving average of 302.26 GBX and a 200 day moving average of 221.93. There are currently 153,990,321 shares in issue with the average daily volume traded being 1,032,920. Market capitalisation for LON:CWR is £623,660,800 GBP.

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