PureCircle Limited (PURE) Earns “Buy” Rating from Liberum Capital
PureCircle Limited (LON:PURE)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 500 ($6.48) price objective on the stock. Liberum Capital’s target price would suggest a potential upside of 33.60% from the company’s current price.
Separately, Numis Securities Ltd reissued an “add” rating and set a GBX 370 ($4.79) target price on shares of PureCircle Limited in a research report on Thursday, May 18th.
PureCircle Limited (LON PURE) traded down 1.71% during midday trading on Monday, hitting GBX 373.50. 17,558 shares of the stock were exchanged. The company’s market cap is GBX 648.58 million. The firm’s 50 day moving average price is GBX 334.05 and its 200 day moving average price is GBX 302.79. PureCircle Limited has a 12 month low of GBX 190.00 and a 12 month high of GBX 562.47.
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About PureCircle Limited
PureCircle Limited is a producer of stevia ingredients for the global food and beverage industry. The Company focuses on encouraging healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. The Company has over 40 stevia-related patents. The Company’s Zeta Family ingredients consists of the sugar, such as steviol glycosides, including Reb M and Reb D, and allow for the deepest calorie reductions by food and beverage companies.
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