Abcam Plc Rating Reiterated by Canaccord Genuity (ABC)
Abcam Plc (LON:ABC)‘s stock had its “sell” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued to investors on Tuesday, ARN reports. They currently have a GBX 386 ($6.34) target price on the stock. Canaccord Genuity’s price target points to a potential downside of 24.58% from the company’s current price.
A number of other firms have also recently commented on ABC. Analysts at Numis Securities Ltd reiterated an “add” rating on shares of Abcam Plc in a research note to investors on Tuesday. They now have a GBX 560 ($9.19) price target on the stock. Separately, analysts at FinnCap reiterated a “hold” rating on shares of Abcam Plc in a research note to investors on Tuesday. They now have a GBX 475 ($7.80) price target on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 478.83 ($7.86).
Shares of Abcam Plc (LON:ABC) traded up 2.16% during mid-day trading on Tuesday, hitting GBX 511.8025. The stock had a trading volume of 1,448,155 shares. Abcam Plc has a one year low of GBX 380.50 and a one year high of GBX 645.25. The stock has a 50-day moving average of GBX 489.8 and a 200-day moving average of GBX 480.1.
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