Beaufort Securities Reiterates a Speculative Buy Rating on Obtala Limited (LON:OBT); Sumitomo Life Insurance Company Lifted Its Mylan N V Shs Euro (MYL) Holding

September 28, 2017 - By Nellie Frank

Sumitomo Life Insurance Company increased Mylan N V Shs Euro (MYL) stake by 134.97% reported in 2017Q2 SEC filing. Sumitomo Life Insurance Company acquired 21,087 shares as Mylan N V Shs Euro (MYL)’s stock declined 9.77%. The Sumitomo Life Insurance Company holds 36,711 shares with $1.43 million value, up from 15,624 last quarter. Mylan N V Shs Euro now has $16.69B valuation. The stock increased 2.57% or $0.8 during the last trading session, reaching $31.93. About 976 shares traded. Mylan N.V. (NASDAQ:MYL) has declined 7.73% since September 28, 2016 and is downtrending. It has underperformed by 24.43% the S&P500.

Obtala Limited (LON:OBT) stock Speculative Buy was kept at Beaufort Securities in an analyst report revealed to clients and investors on 28 September.

Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The company has market cap of 42.93 million GBP. The Firm operates through four divisions: Exploration and development, Agriculture and forestry, Investing activities and Retail. It currently has negative earnings. The Company’s geographic focus is within sub-Saharan Africa, with its projects operational in Tanzania, Mozambique and Lesotho.

About shares traded. Obtala Ltd (LON:OBT) has 0.00% since September 28, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 2 analysts covering Obtala Resources PLC (LON:OBT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Obtala Resources PLC has GBX 36 highest and GBX 28 lowest target. GBX 36’s average target is 123.60% above currents GBX 16.1 stock price. Obtala Resources PLC had 12 analyst reports since March 29, 2017 according to SRatingsIntel. The stock has “Buy” rating by VSA Capital on Wednesday, August 16. Beaufort Securities maintained the shares of OBT in report on Tuesday, July 4 with “Speculative Buy” rating. The stock of Obtala Ltd (LON:OBT) earned “Buy” rating by VSA Capital on Friday, August 18. The company was maintained on Wednesday, May 24 by VSA Capital. The firm has “Speculative Buy” rating given on Thursday, September 28 by Beaufort Securities. The stock of Obtala Ltd (LON:OBT) has “Buy” rating given on Wednesday, July 19 by VSA Capital. The stock has “Speculative Buy” rating by Beaufort Securities on Monday, September 4. VSA Capital maintained the stock with “Buy” rating in Monday, July 3 report. The rating was maintained by Beaufort Securities on Thursday, July 20 with “Speculative Buy”. Beaufort Securities maintained Obtala Ltd (LON:OBT) on Tuesday, June 27 with “Speculative Buy” rating.