Amino Technologies’ (AMO) “Corporate” Rating Reiterated at FinnCap

Amino Technologies (LON:AMO)‘s stock had its “corporate” rating reissued by equities research analysts at FinnCap in a report released on Tuesday. They currently have a GBX 260 ($3.50) price objective on the stock. FinnCap’s target price would suggest a potential upside of 36.13% from the company’s previous close.

Separately, Canaccord Genuity reiterated a “buy” rating and set a GBX 220 ($2.96) price target on shares of Amino Technologies in a research report on Tuesday, November 28th.

Shares of Amino Technologies (LON AMO) traded down GBX 0.50 ($0.01) during midday trading on Tuesday, reaching GBX 191 ($2.57). 86,888 shares of the company’s stock were exchanged, compared to its average volume of 97,011. Amino Technologies has a twelve month low of GBX 168.11 ($2.26) and a twelve month high of GBX 222 ($2.99).

In other Amino Technologies news, insider Michael Bennett sold 130,000 shares of the stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of GBX 207 ($2.79), for a total transaction of £269,100 ($362,180.35). Insiders have sold 377,500 shares of company stock worth $77,982,500 over the last quarter.

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Amino Technologies 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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