Ergomed PLC (ERGO) Receives “Buy” Rating from Numis Securities Ltd
Numis Securities Ltd reiterated their buy rating on shares of Ergomed PLC (LON:ERGO) in a research report report published on Tuesday morning. Numis Securities Ltd currently has a GBX 267 ($3.31) target price on the stock.
A number of other brokerages have also recently commented on ERGO. Stifel Nicolaus reaffirmed a buy rating and issued a GBX 271 ($3.36) target price on shares of Ergomed PLC in a report on Tuesday, November 1st. N+1 Singer upped their target price on shares of Ergomed PLC from GBX 265 ($3.29) to GBX 275 ($3.41) and gave the company a buy rating in a report on Monday, November 7th.
Shares of Ergomed PLC (LON:ERGO) opened at 144.50 on Tuesday. Ergomed PLC has a 52-week low of GBX 117.00 and a 52-week high of GBX 172.00. The firm’s market capitalization is GBX 44.96 million. The stock’s 50 day moving average price is GBX 125.69 and its 200-day moving average price is GBX 125.62.
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Ergomed PLC Company Profile
Ergomed PLC is a United Kingdom-based provider of drug development services to the pharmaceutical industry. The Company’s therapeutic focus is on onology, neurology and immunology and the development of orphan drugs. Ergomed Plc manages clinical development from Phase I through to late phase programs.
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