PureCircle (LON:PURE)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a research note issued on Monday, December 4th. They currently have a GBX 500 ($6.69) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 8.70% from the company’s current price.
Separately, Kepler Capital Markets reaffirmed a “reduce” rating and issued a GBX 390 ($5.21) price objective on shares of PureCircle in a research note on Friday, November 17th.
Shares of PureCircle (LON PURE) traded down GBX 2.80 ($0.04) during mid-day trading on Monday, hitting GBX 460 ($6.15). The stock had a trading volume of 43,822 shares, compared to its average volume of 126,074. PureCircle has a 12-month low of GBX 205 ($2.74) and a 12-month high of GBX 517 ($6.91). The firm has a market capitalization of $802.95 and a price-to-earnings ratio of 15,333.33.
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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