Peel Hunt assumed coverage on shares of Nanoco Group PLC (LON:NANO) in a research note released on Thursday. The brokerage issued a buy rating and a GBX 75 ($0.93) price target on the stock.

Several other analysts have also recently issued reports on the company. Canaccord Genuity reiterated a buy rating and issued a GBX 110 ($1.36) price objective on shares of Nanoco Group PLC in a research note on Tuesday, July 26th. Liberum Capital reiterated a buy rating and issued a GBX 105 ($1.30) price objective on shares of Nanoco Group PLC in a research note on Monday, August 1st.

Shares of Nanoco Group PLC (LON:NANO) traded down 5.13% during mid-day trading on Thursday, reaching GBX 50.28. The company’s stock had a trading volume of 6,925,519 shares. The stock’s market capitalization is GBX 118.93 million. Nanoco Group PLC has a 52 week low of GBX 35.00 and a 52 week high of GBX 79.62. The company’s 50-day moving average is GBX 66.37 and its 200-day moving average is GBX 54.22.

In other Nanoco Group PLC news, insider Gordon James Hall bought 18,230 shares of the company’s stock in a transaction that occurred on Thursday, October 13th. The shares were purchased at an average price of GBX 54 ($0.67) per share, with a total value of £9,844.20 ($12,183.42).

About Nanoco Group PLC

Nanoco Group PLC is a United Kingdom-based Company engaged in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, solar energy and bio-imaging. The Company’s quantum dots offer enhanced color, energy efficiency, and seamless integration into existing LCD production processes.

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