Investec Reiterates Buy Rating for Abcam Plc (ABC)
Abcam Plc (LON:ABC)‘s stock had its “buy” rating reiterated by research analysts at Investec in a report released on Monday, Analyst RN reports. They currently have a GBX 552 ($8.86) target price on the stock, up from their previous target price of GBX 504 ($8.09). Investec’s price target would suggest a potential upside of 9.30% from the company’s current price.
A number of other firms have also recently commented on ABC. Analysts at Nplus1 Brewin reiterated a “hold” rating on shares of Abcam Plc in a research note to investors on Tuesday, September 10th. They now have a GBX 450 ($7.22) price target on the stock. Finally, analysts at N+1 Singer reiterated a “hold” rating on shares of Abcam Plc in a research note to investors on Tuesday, September 10th. They now have a GBX 450 ($7.22) price target on the stock. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 468.67 ($7.52).
Abcam Plc (LON:ABC) opened at 509.00 on Monday. Abcam Plc has a 52-week low of GBX 352.50 and a 52-week high of GBX 645.25. The stock has a 50-day moving average of GBX 465.6 and a 200-day moving average of GBX 448.7.
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