Abcam Plc Given Buy Rating at Numis Securities Ltd (ABC)
Abcam Plc (LON:ABC)‘s stock had its “buy” rating reiterated by investment analysts at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 490 ($8.37) price objective on the stock. Numis Securities Ltd’s price target would suggest a potential upside of 28.95% from the company’s current price.
Shares of Abcam Plc (LON:ABC) traded up 5.78% during mid-day trading on Tuesday, hitting GBX 380.00. 1,981,238 shares of the company’s stock traded hands. Abcam Plc has a 52 week low of GBX 270.88 and a 52 week high of GBX 533.50. The stock’s 50-day moving average is GBX 383.6 and its 200-day moving average is GBX 420.5.
ABC has been the subject of a number of other recent research reports. Analysts at FinnCap reiterated a “hold” rating on shares of Abcam Plc in a research note on Tuesday. They now have a GBX 390 ($6.66) price target on the stock. Analysts at N+1 Singer reiterated a “sell” rating on shares of Abcam Plc in a research note on Wednesday, July 16th. They now have a GBX 346 ($5.91) price target on the stock. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 412.17 ($7.04).
Abcam plc is a producer and distributor of research-grade antibodies and associated protein research tools.
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