Nanoco Group PLC (NANO) Rating Reiterated by Peel Hunt
Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating restated by equities researchers at Peel Hunt in a note issued to investors on Monday. They currently have a GBX 75 ($0.94) price target on the stock. Peel Hunt’s price target points to a potential upside of 59.37% from the stock’s previous close.
Other equities analysts have also recently issued research reports about the company. Liberum Capital reissued a “buy” rating and set a GBX 105 ($1.31) target price on shares of Nanoco Group PLC in a report on Friday, October 7th. Canaccord Genuity reissued a “buy” rating and set a GBX 110 ($1.37) target price on shares of Nanoco Group PLC in a report on Monday, August 1st.
Shares of Nanoco Group PLC (LON:NANO) opened at 47.06 on Monday. The company’s market capitalization is GBX 111.31 million. Nanoco Group PLC has a 12 month low of GBX 35.00 and a 12 month high of GBX 79.62. The firm’s 50-day moving average price is GBX 49.32 and its 200-day moving average price is GBX 55.52.
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In other Nanoco Group PLC news, insider Gordon James Hall acquired 18,230 shares of the stock in a transaction that occurred on Thursday, October 13th. The stock was bought at an average cost of GBX 54 ($0.67) per share, for a total transaction of £9,844.20 ($12,299.10). Also, insider Christopher (Chris) Richards acquired 19,833 shares of the stock in a transaction that occurred on Monday, October 17th. The stock was acquired at an average price of GBX 50 ($0.62) per share, with a total value of £9,916.50 ($12,389.43).
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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