Hummingbird Resources PLC 25.4% Potential Upside Indicated by Berenberg Bank

Broker Ratings
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Hummingbird Resources PLC with EPIC/TICKER (LON:HUM) had its stock rating noted as ‘Reiteration’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg Bank. Hummingbird Resources PLC are listed in the Basic Materials sector within AIM. Berenberg Bank have set their target price at 50 GBX on its stock. This now indicates the analyst believes there is a possible upside of 25.40% from today’s opening price of 39.88 GBX. Over the last 30 and 90 trading days the company share price has increased 5.13 points and increased 12.38 points respectively. The 52 week high for the stock is 42.74 GBX while the year low stock price is currently 18.08 GBX.

Hummingbird Resources PLC has a 50 day moving average of 33.14 GBX and a 200 Day Moving Average share price is recorded at 26.61. There are currently 354,974,378 shares in issue with the average daily volume traded being 2,287,796. Market capitalisation for LON:HUM is £140,392,715 GBP.

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