Ceres Power (LON:CWR – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a note issued to investors on Tuesday, MarketBeat.com reports. They presently have a GBX 650 ($8.31) price target on the stock. Berenberg Bank’s price objective points to a potential upside of 232.31% from the company’s current price.
Ceres Power Stock Performance
Shares of CWR stock opened at GBX 195.60 ($2.50) on Tuesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 7.74 and a quick ratio of 12.18. The firm has a 50-day moving average of GBX 197.89 and a 200-day moving average of GBX 180.54. Ceres Power has a one year low of GBX 126.40 ($1.62) and a one year high of GBX 388.40 ($4.96). The company has a market cap of £377.55 million, a P/E ratio of -698.57 and a beta of 1.47.
About Ceres Power
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