Puretech Health (LON:PRTC) had its target price increased by research analysts at Numis Securities from GBX 207 ($2.77) to GBX 233 ($3.12) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Numis Securities’ price target indicates a potential upside of 84.55% from the company’s current price.
A number of other research firms have also issued reports on PRTC. Liberum Capital reiterated a “buy” rating and issued a GBX 248 ($3.32) target price on shares of Puretech Health in a research note on Monday, September 25th. Peel Hunt reiterated a “buy” rating and issued a GBX 278 ($3.72) target price on shares of Puretech Health in a research note on Monday, November 6th. N+1 Singer reiterated a “buy” rating on shares of Puretech Health in a research note on Wednesday, August 30th. Finally, Jefferies Group reiterated a “buy” rating on shares of Puretech Health in a research note on Friday, November 17th. Five investment analysts have rated the stock with a buy rating, The stock currently has an average rating of “Buy” and a consensus price target of GBX 248 ($3.32).
Puretech Health (LON PRTC) traded up GBX 1.88 ($0.03) during mid-day trading on Thursday, hitting GBX 126.25 ($1.69). The stock had a trading volume of 243,476 shares, compared to its average volume of 41,921. Puretech Health has a fifty-two week low of GBX 110 ($1.47) and a fifty-two week high of GBX 139 ($1.86).
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PureTech Health plc is a cross-disciplinary healthcare company. The Company operates through two segments: growth stage businesses and project phase businesses. Businesses in the growth stage businesses segment are those whose activities focus on developing products to solve healthcare problems in varied markets.
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