FinnCap Reiterates Corporate Rating for Amino Technologies Plc (AMO)
Amino Technologies Plc (LON:AMO)‘s stock had its “corporate” rating reaffirmed by stock analysts at FinnCap in a report released on Thursday. They currently have a GBX 260 ($3.36) target price on the stock. FinnCap’s target price suggests a potential upside of 25.00% from the stock’s previous close.
Several other equities analysts have also recently issued reports on the stock. Canaccord Genuity raised shares of Amino Technologies Plc to a “buy” rating and set a GBX 220 ($2.84) price objective on the stock in a research note on Tuesday, July 11th. N+1 Singer reissued a “buy” rating and issued a GBX 243 ($3.14) price objective on shares of Amino Technologies Plc in a research note on Tuesday, July 11th.
Shares of Amino Technologies Plc (AMO) opened at 208.00 on Thursday. Amino Technologies Plc has a 1-year low of GBX 138.00 and a 1-year high of GBX 222.00. The firm’s market cap is GBX 148.73 million. The stock has a 50 day moving average of GBX 190.46 and a 200-day moving average of GBX 197.98.
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In related news, insider Donald McGarva purchased 2,780 shares of the stock in a transaction dated Monday, August 14th. The shares were acquired at an average cost of GBX 179 ($2.31) per share, with a total value of £4,976.20 ($6,426.71). Also, insider Michael Bennett sold 50,000 shares of the company’s stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of GBX 196 ($2.53), for a total transaction of £98,000 ($126,565.93). Over the last ninety days, insiders have sold 2,900,000 shares of company stock worth $547,050,000.
Amino Technologies Plc Company Profile
Amino Technologies Plc is engaged in providing Internet protocol (IP)/Cloud video software and device solutions. The Company develops a range of products and solutions designed to help broadband network operators deliver entertainment and associated connected home services to the consumer. It operates through the development and sale of broadband network software and systems segment.
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