Abcam Plc Rating Reiterated by N+1 Singer (ABC)
Abcam Plc (LON:ABC)‘s stock had its “hold” rating reiterated by analysts at N+1 Singer in a research report issued to clients and investors on Tuesday, StockRatingsNetwork reports. They currently have a GBX 450 ($7.04) price objective on the stock. N+1 Singer’s price objective points to a potential downside of 6.40% from the stock’s previous close.
Shares of Abcam Plc (LON:ABC) traded up 2.18% on Tuesday, hitting GBX 480.75. The stock had a trading volume of 852,039 shares. Abcam Plc has a one year low of GBX 352.50 and a one year high of GBX 645.25. The stock has a 50-day moving average of GBX 463.7 and a 200-day moving average of GBX 445.9.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “sell” rating on shares of Abcam Plc (LON:ABC) in a research note to investors on Tuesday, September 3rd. They now have a GBX 396 ($6.19) price target on the stock, up previously from GBX 358 ($5.60). Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Abcam Plc (LON:ABC) in a research note to investors on Tuesday, September 3rd. They now have a GBX 530 ($8.29) price target on the stock. Finally, analysts at Investec raised their price target on shares of Abcam Plc (LON:ABC) from GBX 487 ($7.61) to GBX 504 ($7.88) in a research note to investors on Monday, July 22nd. They now have a “buy” rating on the stock.
One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 460.67 ($7.20).
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