Avacta Group Plc (AVCT) Stock Rating Reaffirmed by FinnCap
Avacta Group Plc (LON:AVCT)‘s stock had its “corporate” rating reissued by equities research analysts at FinnCap in a note issued to investors on Tuesday. They presently have a GBX 200 ($2.48) target price on the stock. FinnCap’s price objective would indicate a potential upside of 125.99% from the company’s previous close.
Separately, Numis Securities Ltd reissued a “buy” rating on shares of Avacta Group Plc in a research note on Monday, August 1st.
Shares of Avacta Group Plc (LON:AVCT) opened at 87.05 on Tuesday. Avacta Group Plc has a 52-week low of GBX 83.02 and a 52-week high of GBX 134.50. The stock’s 50 day moving average price is GBX 89.99 and its 200 day moving average price is GBX 95.94. The company’s market capitalization is GBX 59.44 million.
In related news, insider Mike Owen bought 7,763 shares of the company’s stock in a transaction on Friday, October 21st. The stock was bought at an average cost of GBX 90 ($1.12) per share, for a total transaction of £6,986.70 ($8,667.29).
Avacta Group Plc Company Profile
Avacta Group plc is the developer of Affimer bio therapeutics and research reagents. The Company’s segments include Animal Health, which provides tools and contract services to assist diagnosis of conditions in animals to enable treatment for veterinarians, and Life Sciences, which provides reagents and arrays for diagnostics, drug and biomarker discovery in biotech research and development.
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