Optos Price Target Raised to GBX 230 at Jefferies Group (OPTS)
Research analysts at Jefferies Group boosted their price objective on shares of Optos (LON:OPTS) from GBX 220 ($3.61) to GBX 230 ($3.78) in a report released on Tuesday, Stock Ratings Network.com reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s target price suggests a potential upside of 16.90% from the stock’s previous close.
Shares of Optos (LON:OPTS) traded down 1.62% during mid-day trading on Tuesday, hitting GBX 196.75. 34,085 shares of the company’s stock traded hands. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0.. The company’s market cap is £142.1 million.
Several other analysts have also recently commented on the stock. Analysts at N+1 Singer 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. Separately, analysts at Panmure Gordon raised their price target on shares of Optos from GBX 206 ($3.38) to GBX 235 ($3.86) in a research note to investors on Friday. 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’s stock. Optos has an average rating of “Buy” and a consensus target price of GBX 252.67 ($4.15).
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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