Shares of Abcam Plc (LON:ABC) have received a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 1,031.20 ($13.56).

Several brokerages recently commented on ABC. Peel Hunt reissued a “hold” rating and issued a GBX 750 ($9.86) price target on shares of Abcam in a research note on Friday, August 18th. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 864 ($11.36) price target on shares of Abcam in a research note on Tuesday, September 12th. Numis Securities Ltd boosted their price target on Abcam from GBX 1,116 ($14.68) to GBX 1,200 ($15.78) and gave the company an “add” rating in a research note on Tuesday, September 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,100 ($14.47) price target on shares of Abcam in a research note on Monday, September 11th. Finally, Panmure Gordon reissued a “sell” rating on shares of Abcam in a research note on Monday, September 11th.

In related news, insider Louise Patten bought 1,636 shares of Abcam stock in a transaction that occurred on Thursday, September 14th. The stock was purchased at an average cost of GBX 1,079 ($14.19) per share, for a total transaction of £17,652.44 ($23,217.73). Also, insider Jonathan Simon Milner sold 567,033 shares of the business’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of GBX 1,017 ($13.38), for a total value of £5,766,725.61 ($7,584,802.85).

Abcam (LON:ABC) opened at £992.50 ($1,305.41) on Friday. Abcam has a 12 month low of GBX 9.73 ($0.13) and a 12 month high of GBX 1,113 ($14.64).

The company also recently declared a dividend, which will be paid on Friday, December 8th. Investors of record on Thursday, November 16th will be paid a GBX 7.36 ($0.10) dividend. This is a boost from Abcam’s previous dividend of $2.83. The ex-dividend date of this dividend is Thursday, November 16th. This represents a dividend yield of 0.71%.

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Abcam Company Profile

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.

Analyst Recommendations for Abcam (LON:ABC)

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