Peel Hunt Reaffirms “Buy” Rating for Nanoco Group PLC (NANO)
Several other research analysts have also commented on the stock. Liberum Capital reiterated a buy rating and set a GBX 105 ($1.30) price objective on shares of Nanoco Group PLC in a research note on Friday, October 7th. Canaccord Genuity reiterated a buy rating and set a GBX 110 ($1.36) price objective on shares of Nanoco Group PLC in a research note on Monday, August 1st.
Shares of Nanoco Group PLC (LON:NANO) opened at 46.0848 on Monday. The company’s market capitalization is GBX 109.01 million. The stock’s 50 day moving average is GBX 48.64 and its 200 day moving average is GBX 55.80. Nanoco Group PLC has a 12 month low of GBX 35.00 and a 12 month high of GBX 79.62.
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In related news, insider Gordon James Hall bought 18,230 shares of the company’s stock in a transaction on Thursday, October 13th. The shares were bought at an average price of GBX 54 ($0.67) per share, with a total value of £9,844.20 ($12,212.13). Also, insider Christopher (Chris) Richards bought 19,833 shares of the company’s stock in a transaction on Monday, October 17th. The shares were bought at an average cost of GBX 50 ($0.62) per share, for a total transaction of £9,916.50 ($12,301.82).
Nanoco Group PLC Company Profile
Nanoco Group PLC is a United Kingdom-based Company engaged in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, solar energy and bio-imaging. The Company’s quantum dots offer enhanced color, energy efficiency, and seamless integration into existing LCD production processes.
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