Could Zambeef Products Plc Crash Even More? The Stock Had Another Big Decline Today

 Could Zambeef Products Plc Crash Even More? The Stock Had Another Big Decline Today

The stock of Zambeef Products Plc (LON:ZAM) is a huge mover today! The stock decreased 3.17% or GBX 0.58 on November 28, hitting GBX 17.55. About 228,749 shares traded hands or 23.02% up from the average. Zambeef Products Plc (LON:ZAM) has risen 123.81% since April 29, 2016 and is uptrending. It has outperformed by 117.80% the S&P500.
The move comes after 7 months negative chart setup for the GBX company. It was reported on Nov, 28 by Barchart.com. We have GBX 16.32 PT which if reached, will make LON:ZAM worth GBX less.

Zambeef Products Plc (LON:ZAM) Ratings Coverage

Out of 2 analysts covering Zambeef Products PLC (LON:ZAM), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Zambeef Products PLC has been the topic of 15 analyst reports since August 5, 2015 according to StockzIntelligence Inc. FinnCap maintained Zambeef Products Plc (LON:ZAM) rating on Wednesday, November 4. FinnCap has “Corporate” rating and GBX 20 price target. The rating was maintained by FinnCap with “Corporate” on Monday, April 25. The firm earned “Corporate” rating on Monday, July 18 by FinnCap. Panmure Gordon maintained Zambeef Products Plc (LON:ZAM) rating on Wednesday, September 30. Panmure Gordon has “Buy” rating and GBX 25 price target. The rating was maintained by FinnCap on Wednesday, August 5 with “Corporate”. The rating was maintained by FinnCap with “Corporate” on Wednesday, September 30. FinnCap maintained Zambeef Products Plc (LON:ZAM) on Wednesday, June 8 with “Corporate” rating. As per Wednesday, November 25, the company rating was maintained by FinnCap. The firm has “Corporate” rating given on Thursday, August 4 by FinnCap. The company was maintained on Wednesday, November 4 by Panmure Gordon.

Zambeef Products PLC is engaged in agribusinesses in Zambia. The company has a market cap of GBP. The Firm is involved in the production, processing, distribution and retailing of beef, chickens, pork, milk, eggs, dairy products, fish, flour and stock feed throughout Zambia and the surrounding region, as well as Nigeria and Ghana. It currently has negative earnings. The Company’s divisions include Beef, Chicken, Pork, Crops, Stock feed, Eggs, Fish, Milk and Dairy, Edible oils, Mill and Bakery, Leather and Shoe, Master Meats and Master Meats (Ghana).

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