Investment analysts at Peel Hunt began coverage on shares of Oxford BioMedica plc (LON:OXB) in a report issued on Tuesday. The brokerage set a “buy” rating and a GBX 13 ($0.18) price target on the biopharmaceutical company’s stock. Peel Hunt’s target price indicates a potential upside of 48.57% from the stock’s previous close.

OXB has been the subject of several other reports. N+1 Singer upped their price target on shares of Oxford BioMedica plc from GBX 8.70 ($0.12) to GBX 10.20 ($0.14) and gave the stock a “hold” rating in a report on Thursday, August 31st. Jefferies Group LLC reiterated a “buy” rating and set a GBX 13 ($0.18) price target on shares of Oxford BioMedica plc in a report on Thursday, August 31st. Finally, Shore Capital reiterated a “not rated” rating on shares of Oxford BioMedica plc in a report on Thursday, July 13th.

Shares of Oxford BioMedica plc (LON:OXB) traded down 1.80% during trading on Tuesday, hitting GBX 8.75. The stock had a trading volume of 1,397,403 shares. Oxford BioMedica plc has a 12-month low of GBX 2.98 and a 12-month high of GBX 11.25. The stock’s market capitalization is GBX 270.22 million. The stock’s 50-day moving average is GBX 8.85 and its 200-day moving average is GBX 6.66.

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In other Oxford BioMedica plc news, insider Lorenzo Tallarigo acquired 29,685 shares of Oxford BioMedica plc stock in a transaction that occurred on Friday, September 22nd. The shares were bought at an average price of GBX 9 ($0.12) per share, with a total value of £2,671.65 ($3,602.06). Also, insider Martin Diggle acquired 660,000 shares of Oxford BioMedica plc stock in a transaction that occurred on Thursday, July 13th. The stock was acquired at an average cost of GBX 9 ($0.12) per share, for a total transaction of £59,400 ($80,086.29). Insiders have bought 1,359,372 shares of company stock valued at $11,884,661 over the last quarter.

Oxford BioMedica plc Company Profile

Oxford BioMedica plc is a gene and cell therapy company. The Company is engaged in lentiviral vector and cell therapy research, development and production. The Company’s segments include Partnering, and R&D. The Partnering segment provides lentiviral vector bioprocessing and process development services to partners.

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