Abcam Plc (LON:ABC) Receives Consensus Rating of “Hold” from Analysts
Shares of Abcam Plc (LON:ABC) have been given an average rating of “Hold” by the six ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 866 ($11.31).
Several equities research analysts recently commented on the stock. Berenberg Bank assumed coverage on shares of Abcam Plc in a research report on Tuesday, June 27th. They issued a “buy” rating and a GBX 1,100 ($14.36) price target for the company. Stifel Nicolaus restated a “hold” rating and issued a GBX 890 ($11.62) price target on shares of Abcam Plc in a research report on Tuesday, May 2nd. Numis Securities Ltd upgraded shares of Abcam Plc to an “add” rating and set a GBX 912 ($11.91) price target for the company in a research report on Tuesday, April 4th. J P Morgan Chase & Co upped their price target on shares of Abcam Plc from GBX 678 ($8.85) to GBX 864 ($11.28) and gave the company a “neutral” rating in a research report on Monday, March 27th. Finally, Panmure Gordon restated a “sell” rating and issued a GBX 680 ($8.88) price target on shares of Abcam Plc in a research report on Thursday, April 20th.
In other Abcam Plc news, insider Mara G. Aspinall purchased 2,700 shares of the company’s stock in a transaction dated Monday, June 5th. The shares were bought at an average price of GBX 979 ($12.78) per share, for a total transaction of £26,433 ($34,516.85).
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Shares of Abcam Plc (ABC) opened at 999.50 on Monday. The firm has a 50-day moving average of GBX 973.69 and a 200 day moving average of GBX 890.93. The stock’s market capitalization is GBX 2.02 billion. Abcam Plc has a 1-year low of GBX 714.00 and a 1-year high of GBX 1,015.00.
About Abcam Plc
Abcam plc is a global life sciences company. As a developer of reagents and tools, the Company’s purpose is to serve life science researchers globally. Providing the research and clinical communities with tools and scientific support, the Company offers validated biological binders and assays to address important targets in critical biological pathways.
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