Peel Hunt Reaffirms “Buy” Rating for Nanoco Group PLC (LON:NANO)
Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating reiterated by equities research analysts at Peel Hunt in a research note issued to investors on Friday. They presently have a GBX 75 ($0.95) price objective on the stock. Peel Hunt’s price objective indicates a potential upside of 71.43% from the stock’s current price.
Shares of Nanoco Group PLC (LON:NANO) traded up 34.62% during midday trading on Friday, reaching GBX 43.75. 2,433,757 shares of the company’s stock were exchanged. Nanoco Group PLC has a one year low of GBX 28.00 and a one year high of GBX 79.62. The firm’s market cap is GBX 104.18 million. The stock’s 50-day moving average is GBX 37.86 and its 200 day moving average is GBX 38.97.
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Nanoco Group PLC Company Profile
Nanoco Group PLC is engaged in research, development and manufacturing of heavy-metal free quantum dots and semiconductor nanoparticles for use in display, lighting, solar energy and bio-imaging. The Company’s products include Cadmium Free Quantum Dots (CFQD), CFQD quantum dot films, and copper indium gallium di-selenide (CIGS)/copper indium di-selenide/sulfide (CIS) nanoparticles.
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