N+1 Singer Lowers Synairgen plc (SNG) Price Target to GBX 46
Synairgen plc (LON:SNG) had its price target lowered by research analysts at N+1 Singer from GBX 47 ($0.61) to GBX 46 ($0.60) in a research note issued on Thursday. The firm currently has a “buy” rating on the stock. N+1 Singer’s price target would indicate a potential upside of 31.43% from the stock’s current price.
Separately, FinnCap restated a “corporate” rating and issued a GBX 137 ($1.79) price objective on shares of Synairgen plc in a research report on Thursday.
Shares of Synairgen plc (LON:SNG) opened at 34.01 on Thursday. The firm’s market cap is GBX 31.06 million. The stock has a 50 day moving average price of GBX 34.15 and a 200 day moving average price of GBX 30.05. Synairgen plc has a 12 month low of GBX 19.00 and a 12 month high of GBX 38.00.
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Synairgen plc Company Profile
Synairgen plc is the United Kingdom-based holding company for Synairgen Research Limited, a respiratory drug discovery and development company. The Company is engaged in the licensing of inhaled interferon beta (IFN-b) program to AstraZeneca. Synairgen has a BioBank consisting of blood, sputum, nasal lavage, biopsies, bronchial epithelial cells and fibroblasts from volunteers with asthma or chronic obstructive pulmonary disease (COPD) (and relevant controls).
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