Ilika plc (IKA) Rating Reiterated by Numis Securities Ltd
Ilika plc (LON:IKA)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Friday. They presently have a GBX 80 ($0.99) price objective on the stock, down from their previous price objective of GBX 110 ($1.36). Numis Securities Ltd’s target price would indicate a potential upside of 86.05% from the company’s previous close.
Separately, Beaufort Securities restated a “speculative buy” rating on shares of Ilika plc in a research note on Tuesday, January 10th.
Shares of Ilika plc (LON:IKA) opened at 42.20 on Friday. The company’s market cap is GBX 28.33 million. Ilika plc has a 52 week low of GBX 40.00 and a 52 week high of GBX 78.25. The company has a 50 day moving average price of GBX 49.30 and a 200 day moving average price of GBX 48.83.
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About Ilika plc
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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