N+1 Singer Reaffirms “Buy” Rating for Sinclair Pharma PLC (SPH)
Sinclair Pharma PLC (LON:SPH)‘s stock had its “buy” rating reaffirmed by investment analysts at N+1 Singer in a note issued to investors on Wednesday.
SPH has been the subject of several other reports. Peel Hunt reiterated a “buy” rating and set a GBX 68 ($0.89) price objective on shares of Sinclair Pharma PLC in a research report on Wednesday. Royal Bank Of Canada reiterated an “outperform” rating on shares of Sinclair Pharma PLC in a research report on Thursday, September 15th. Stifel Nicolaus boosted their price objective on Sinclair Pharma PLC from GBX 49 ($0.64) to GBX 63 ($0.82) and gave the stock a “buy” rating in a research report on Wednesday, September 14th. Finally, Jefferies Group reduced their price objective on Sinclair Pharma PLC from GBX 60 ($0.78) to GBX 55 ($0.72) and set a “buy” rating for the company in a research report on Wednesday, June 15th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Sinclair Pharma PLC currently has an average rating of “Buy” and an average target price of GBX 57 ($0.74).
Shares of Sinclair Pharma PLC (LON:SPH) opened at 27.525 on Wednesday. The firm’s 50-day moving average price is GBX 29.84 and its 200-day moving average price is GBX 32.69. The firm’s market cap is GBX 136.79 million. Sinclair Pharma PLC has a one year low of GBX 26.25 and a one year high of GBX 61.33.
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About Sinclair Pharma PLC
Sinclair Pharma plc, formerly Sinclair IS Pharma plc, is a United Kingdom-based specialty pharmaceutical company. The Company is engaged in the manufacture and wholesale distribution of dermatological products. Its segments are Country Operations, which include its operations in France, the United Kingdom, Italy, Germany and Spain, and International Operations, under which the Company sells through a local distributor.
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