Zotefoams plc Given Add Rating at Investec (ZTF)
Zotefoams plc (LON:ZTF)‘s stock had its “add” rating reaffirmed by investment analysts at Investec in a note issued to investors on Wednesday, AnalystRatingsNetwork reports. They currently have a GBX 185 ($3.05) price target on the stock. Investec’s target price indicates a potential upside of 7.56% from the stock’s previous close.
Zotefoams plc (LON:ZTF) traded down 0.29% during mid-day trading on Wednesday, hitting GBX 172.00. 22,957 shares of the company’s stock traded hands. Zotefoams plc has a one year low of GBX 179.00 and a one year high of GBX 226.23. The stock’s 50-day moving average is GBX 176.6 and its 200-day moving average is GBX 190.5. The company’s market cap is £67.5 million.
Zotefoams plc is a cellular material technology company engaged in the manufacture and sale of cross-linked block foams.
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