Numis Securities Ltd Reiterates “Buy” Rating for Ilika plc (IKA)
Ilika plc (LON:IKA)‘s stock had its “buy” rating restated by equities researchers at Numis Securities Ltd in a research note issued on Wednesday. They presently have a GBX 110 ($1.37) target price on the stock. Numis Securities Ltd’s target price would suggest a potential upside of 158.82% from the company’s current price.
Separately, Beaufort Securities restated a “speculative buy” rating on shares of Ilika plc in a research report on Wednesday, August 17th.
Ilika plc (LON:IKA) opened at 43.00 on Wednesday. The company’s market cap is GBX 28.29 million. Ilika plc has a 12 month low of GBX 41.00 and a 12 month high of GBX 78.25. The company has a 50-day moving average of GBX 50.19 and a 200 day moving average of GBX 55.23.
Ilika plc Company Profile
Ilika plc is the holding company. The Company is engaged in the production, design and development of high throughput methods of material synthesis, characterization and screening. It has developed solid-state battery technology to meet the demands of the Internet of Things (IoT). The Company has materials development programs addressing a range of applications, including the solid-state battery, aerospace alloys and electronic materials.
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