Synectics PLC PT Lowered to GBX 550 (SNX)
Westhouse Securities lowered their price objective on shares of Synectics PLC (LON:SNX) from GBX 675 ($11.49) to GBX 550 ($9.36) in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock. Westhouse Securities’ target price suggests a potential upside of 29.41% from the company’s current price.
Shares of Synectics PLC (LON:SNX) traded down 24.88% during mid-day trading on Wednesday, hitting GBX 320.00. 399,634 shares of the company’s stock traded hands. Synectics PLC has a 52-week low of GBX 307.50 and a 52-week high of GBX 440.00. The stock has a 50-day moving average of GBX 419.6 and a 200-day moving average of GBX 474.2.
Separately, analysts at FinnCap reiterated a “buy” rating on shares of Synectics PLC in a research note on Wednesday, April 30th. They now have a GBX 600 ($10.21) price target on the stock.
Synectics plc is an United Kingdom-based company which operates in control room surveillance markets.
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