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Ceres Power Holdings plc 45.7% Potential Upside Indicated by Berenberg

Ceres Power Holdings plc with EPIC/TICKER (LON:CWR) 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 their target price at 290 GBX on its stock. This would imply the analyst believes there is now a potential upside of 45.7% from the opening price of 199 GBX. Over the last 30 and 90 trading days the company share price has increased 33 points and increased 20 points respectively. The 1 year high for the stock price is 209.95 GBX while the year low stock price is currently 123.26 GBX.

Ceres Power Holdings plc has a 50 day moving average of 181.16 GBX and a 200 Day Moving Average share price is recorded at 169.42. There are currently 152,769,812 shares in issue with the average daily volume traded being 230,100. Market capitalisation for LON:CWR is £305,539,624 GBP.