Ceres Power (CWR) Earns “Buy” Rating from Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Ceres Power (LON:CWR) in a research report sent to investors on Wednesday. Berenberg Bank currently has a GBX 15 ($0.20) price objective on the stock.

Ceres Power (LON:CWR) opened at GBX 14.80 ($0.20) on Wednesday. The firm has a market cap of $148.31 and a PE ratio of -1,480.00. Ceres Power has a fifty-two week low of GBX 6.79 ($0.09) and a fifty-two week high of GBX 15.70 ($0.21).

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About Ceres Power

Ceres Power Holdings PLC is a United Kingdom-based company, which is a fuel cell technology and engineering company. The Company is engaged in the development and commercialization of its fuel cell technology. The SteelCell, operating at a temperature between 500 and 600 degree Celsius, is a perforated sheet of steel with a special ceramic layer that converts fuel directly into electrical power.

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