Today, Northland Securities Reiterates “Corporate” Rating for Savannah Resources Plc (SAV)

Today, Northland Securities Reiterates “Corporate” Rating for Savannah Resources Plc (SAV)

Savannah Resources Plc (LON:SAV)‘s stock had its “corporate” rating reiterated by investment analysts at Northland Securities in a research note issued on Tuesday.

A number of other research firms have also recently issued reports on SAV. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 70 ($0.87) price target (down previously from GBX 75 ($0.94)) on shares of Savannah Resources Plc in a report on Tuesday, July 26th. Beaufort Securities reaffirmed a “speculative buy” rating on shares of Savannah Resources Plc in a report on Friday, August 5th. Finally, Shore Capital reaffirmed a “buy” rating on shares of Savannah Resources Plc in a report on Thursday, August 11th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 90 ($1.12).

Savannah Resources Plc (LON:SAV) traded up 7.69% during trading on Tuesday, hitting GBX 7.00. 1,898,532 shares of the stock traded hands. The firm has a 50-day moving average price of GBX 4.69 and a 200 day moving average price of GBX 3.88. Savannah Resources Plc has a 12 month low of GBX 1.28 and a 12 month high of GBX 7.15. The firm’s market cap is GBX 26.96 million.

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