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Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. They currently have a GBX 275 ($4.62) price target on the stock. Canaccord Genuity’s price objective suggests a potential upside of 164.82% from the company’s current price.

Nanoco Group PLC (LON:NANO) traded up 3.84% during mid-day trading on Friday, hitting GBX 103.8438. 587,608 shares of the company’s stock traded hands. Nanoco Group PLC has a 52-week low of GBX 89.00 and a 52-week high of GBX 188.00. The stock has a 50-day moving average of GBX 107.3 and a 200-day moving average of GBX 129..

Nanoco Group PLC designs, develops and manufactures quantum dots, solar inks and other nanomaterials in commercial quantities for major end-use markets.

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