Today: Today: Peel Hunt Reiterates Buy Rating for Nanoco Group PLC (NANO)

Today: Peel Hunt Reiterates Buy Rating for Nanoco Group PLC (NANO)

Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a report released on Monday. They presently have a GBX 75 ($0.94) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 59.37% from the company’s previous close.

Several other analysts also recently commented on NANO. Liberum Capital reaffirmed a “buy” rating and set a GBX 105 ($1.31) price objective on shares of Nanoco Group PLC in a research report on Monday, August 1st. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 110 ($1.37) price objective on shares of Nanoco Group PLC in a research report on Monday, August 1st.

Nanoco Group PLC (LON:NANO) opened at 46.75 on Monday. The company’s market cap is GBX 110.58 million. Nanoco Group PLC has a 1-year low of GBX 35.00 and a 1-year high of GBX 79.62. The company’s 50-day moving average is GBX 49.32 and its 200 day moving average is GBX 55.52.

In related news, insider Gordon James Hall acquired 18,230 shares of the company’s stock in a transaction on Thursday, October 13th. The shares were acquired 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 acquired 19,833 shares of the company’s stock in a transaction on Monday, October 17th. The shares were bought at an average price of GBX 50 ($0.62) per share, for a total transaction of £9,916.50 ($12,389.43).

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