Nanoco Group PLC Given Buy Rating at Canaccord Genuity (NANO)
Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Friday, Stock Ratings Network.com reports. They currently have a GBX 275 ($4.40) price target on the stock. Canaccord Genuity’s target price suggests a potential upside of 53.63% from the company’s current price.
Nanoco Group PLC (LON:NANO) traded down 7.00% on Friday, hitting GBX 166.462. 2,316,940 shares of the company’s stock traded hands. Nanoco Group PLC has a one year low of GBX 55.48 and a one year high of GBX 199.275. The stock has a 50-day moving average of GBX 170.9 and a 200-day moving average of GBX 158.4.
NANO has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “buy” rating on shares of Nanoco Group PLC (LON:NANO) in a research note to investors on Friday.
Nanoco Group PLC designs, develops and manufactures quantum dots, solar inks and other nanomaterials in commercial quantities for major end-use markets.
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