Ergomed (LON:ERGO)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities in a research report issued on Thursday. They currently have a GBX 300 ($4.21) price target on the stock. Numis Securities’ target price suggests a potential upside of 50.75% from the company’s current price.
Separately, N+1 Singer reaffirmed a “corporate” rating on shares of Ergomed in a report on Friday, December 15th.
Shares of Ergomed (LON:ERGO) remained flat at $GBX 199 ($2.79) on Thursday. 8,417 shares of the company were exchanged, compared to its average volume of 51,971. Ergomed has a 12 month low of GBX 165 ($2.32) and a 12 month high of GBX 225 ($3.16). The firm has a market capitalization of $124.90 and a PE ratio of 19,900.00.
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Ergomed plc is a provider of drug development services to the pharmaceutical industry. The Company operates through two segments: clinical research services (CRS), and drug safety and medical information services (DS&MI). It provides a range of clinical trial planning, management and monitoring services.
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