PureCircle Limited (PURE) Earns Buy Rating from Liberum Capital
PureCircle Limited (LON:PURE)‘s stock had its “buy” rating reissued by Liberum Capital in a note issued to investors on Tuesday. They currently have a GBX 500 ($6.74) price objective on the stock. Liberum Capital’s price target would indicate a potential upside of 2.30% from the stock’s current price.
Shares of PureCircle Limited (PURE) traded up 5.45% during trading on Tuesday, reaching GBX 488.75. The company had a trading volume of 95,601 shares. PureCircle Limited has a 52-week low of GBX 190.00 and a 52-week high of GBX 490.00. The firm has a 50-day moving average price of GBX 410.04 and a 200-day moving average price of GBX 351.21. The company’s market capitalization is GBX 848.95 million.
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In other PureCircle Limited news, insider Christopher Dale Pratt sold 44,630 shares of PureCircle Limited stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of GBX 460 ($6.20), for a total transaction of £205,298 ($276,793.85).
PureCircle Limited Company Profile
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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