Allied Minds PLC (ALM) Rating Reiterated by Numis Securities Ltd
Allied Minds PLC (LON:ALM)‘s stock had its “buy” rating restated by stock analysts at Numis Securities Ltd in a research note issued on Thursday. They presently have a GBX 170 ($2.25) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential downside of 2.86% from the company’s previous close.
Separately, Jefferies Group LLC restated a “hold” rating and set a GBX 176 ($2.33) target price on shares of Allied Minds PLC in a research note on Wednesday, July 12th.
Allied Minds PLC (LON:ALM) opened at 175.00 on Thursday. Allied Minds PLC has a 12 month low of GBX 115.00 and a 12 month high of GBX 475.00. The stock’s 50 day moving average is GBX 137.13 and its 200-day moving average is GBX 164.47. The firm’s market cap is GBX 415.69 million.
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About Allied Minds PLC
Allied Minds PLC (Allied Minds) is an intellectual property (IP) commercialization company. The Company is focused on venture creation within the life science and technology sectors. With extensive access to hundreds of university and federal laboratories across the United States, Allied Minds forms, funds, and operates a portfolio of companies to generate long-term value for its investors and stakeholders.
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