Research analysts at Peel Hunt started coverage on shares of Nanoco Group PLC (LON:NANO) in a report issued on Thursday. The firm set a “buy” rating and a GBX 75 ($0.93) price target on the stock. Peel Hunt’s price objective suggests a potential upside of 42.86% from the stock’s previous close.

Several other equities analysts have also recently weighed in on the company. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 110 ($1.36) target price on shares of Nanoco Group PLC in a research note on Tuesday, July 26th. Liberum Capital reaffirmed a “buy” rating and set a GBX 105 ($1.30) target price on shares of Nanoco Group PLC in a research note on Monday, August 1st.

Nanoco Group PLC (LON:NANO) opened at 52.50 on Thursday. Nanoco Group PLC has a 12-month low of GBX 35.00 and a 12-month high of GBX 79.62. The company has a 50-day moving average of GBX 66.66 and a 200 day moving average of GBX 54.23. The stock’s market cap is GBX 124.18 million.

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About Nanoco Group PLC

Nanoco Group PLC is a United Kingdom-based Company engaged in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, solar energy and bio-imaging. The Company’s quantum dots offer enhanced color, energy efficiency, and seamless integration into existing LCD production processes.

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