Canaccord Genuity Reiterates “Buy” Rating for Optos (OPTS)
Optos (LON:OPTS)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a note issued to investors on Tuesday, Analyst Ratings Network reports. They currently have a GBX 231 ($3.79) price target on the stock. Canaccord Genuity’s price target indicates a potential upside of 17.41% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Optos in a research note to investors on Tuesday. They now have a GBX 300 ($4.92) price target on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Optos in a research note to investors on Tuesday. They now have a GBX 260 ($4.27) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Optos from GBX 220 ($3.61) to GBX 230 ($3.78) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Buy” and an average price target of GBX 252.67 ($4.15).
Shares of Optos (LON:OPTS) traded down 1.62% during mid-day trading on Tuesday, hitting GBX 196.75. 17,733 shares of the company’s stock traded hands. Optos has a 52-week low of GBX 106.75 and a 52-week high of GBX 221.00. The stock has a 50-day moving average of GBX 192.5 and a 200-day moving average of GBX 164.4. The company’s market cap is £142.1 million.
Optos Plc is a retinal imaging company. The Company’s medical devices produce ultra-widefield, high resolution digital images of approximately 82% of the retina in a single capture.
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