Ergomed PLC (ERGO) Stock Rating Reaffirmed by Numis Securities Ltd
Ergomed PLC (LON:ERGO)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities Ltd in a report issued on Monday. They presently have a GBX 267 ($3.30) price target on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 120.66% from the stock’s current price.
ERGO has been the topic of a number of other reports. Stifel Nicolaus reissued a “buy” rating and issued a GBX 271 ($3.35) price target on shares of Ergomed PLC in a report on Friday, September 2nd. N+1 Singer reissued a “buy” rating on shares of Ergomed PLC in a report on Monday, September 26th.
Shares of Ergomed PLC (LON:ERGO) opened at 120.75 on Monday. Ergomed PLC has a 1-year low of GBX 117.00 and a 1-year high of GBX 172.00. The company’s market capitalization is GBX 37.57 million. The stock has a 50 day moving average of GBX 120.15 and a 200-day moving average of GBX 131.80.
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About Ergomed PLC
Ergomed PLC is a United Kingdom-based provider of drug development services to the pharmaceutical industry. The Company’s therapeutic focus is on onology, neurology and immunology and the development of orphan drugs. Ergomed Plc manages clinical development from Phase I through to late phase programs.
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