Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued on Monday. They presently have a GBX 75 ($0.94) target price on the stock. Peel Hunt’s price target suggests a potential upside of 59.37% from the stock’s previous close.
Other equities research analysts have also issued research reports about the company. Liberum Capital reaffirmed a “buy” rating and issued a GBX 105 ($1.31) price objective on shares of Nanoco Group PLC in a report on Monday, August 1st. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 110 ($1.37) price objective on shares of Nanoco Group PLC in a report on Monday, August 1st.
Nanoco Group PLC (LON:NANO) opened at 47.06 on Monday. The stock’s market capitalization is GBX 111.31 million. The company has a 50-day moving average price of GBX 49.32 and a 200 day moving average price of GBX 55.52. Nanoco Group PLC has a 12 month low of GBX 35.00 and a 12 month high of GBX 79.62.
In related news, insider Gordon James Hall purchased 18,230 shares of Nanoco Group PLC stock in a transaction dated 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 purchased 19,833 shares of Nanoco Group PLC stock in a transaction dated Monday, October 17th. The shares were bought at an average price of GBX 50 ($0.62) per share, with a total value of £9,916.50 ($12,389.43).