PureCircle (LON:PURE)‘s stock had its “hold” rating reaffirmed by equities research analysts at Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 500 ($6.91) price target on the stock. Liberum Capital’s target price suggests a potential upside of 16.96% from the stock’s current price.
Separately, Kepler Capital Markets reiterated a “reduce” rating and issued a GBX 390 ($5.39) price target on shares of PureCircle in a report on Friday, November 17th.
Shares of PureCircle (PURE) traded up GBX 3.50 ($0.05) on Monday, hitting GBX 427.50 ($5.91). 30,937 shares of the stock were exchanged, compared to its average volume of 70,038. The stock has a market cap of $745.03 and a P/E ratio of 21,375.00. PureCircle has a 1-year low of GBX 282.75 ($3.91) and a 1-year high of GBX 517 ($7.14).
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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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