Analysts at Jefferies Financial Group began coverage on shares of Syncona (LON:SYNC) in a research note issued on Wednesday, Digital Look reports. The firm set a “hold” rating and a GBX 250 ($3.27) price target on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 7.48% from the company’s current price.
Separately, Numis Securities reiterated a “buy” rating on shares of Syncona in a report on Wednesday, May 1st.
Shares of Syncona stock traded down GBX 7.40 ($0.10) on Wednesday, hitting GBX 232.61 ($3.04). The stock had a trading volume of 305,341 shares, compared to its average volume of 339,207. Syncona has a one year low of GBX 1.93 ($0.03) and a one year high of GBX 306.50 ($4.00). The stock has a market capitalization of $1.54 billion and a price-to-earnings ratio of 4.15.
Syncona Company Profile
Syncona Limited is a publicly owned investment manager. The firm invests in hedge, equity and long-term alternative investment funds across multiple asset classes. It manages private equity, debt, fixed income and alternative investments. The firm invests in the public equity and fixed income markets across the globe.
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