Published On: Mon, Sep 12th, 2016

Nanoco Group PLC (NANO) Stock Rating Reaffirmed by Canaccord Genuity

Nanoco Group PLC (LON:NANO)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity in a report issued on Monday. They currently have a GBX 110 ($1.47) price objective on the stock. Canaccord Genuity’s price target indicates a potential upside of 52.78% from the company’s previous close.
Separately, Liberum Capital reiterated a “buy” rating and set a GBX 105 ($1.40) target price on shares of Nanoco Group PLC in a research report on Monday, August 1st.
Shares of Nanoco Group PLC (LON:NANO) traded down 1.030928% during midday trading on Monday, reaching GBX 72.436775. The company had a trading volume of 319,815 shares. The firm’s market capitalization is GBX 171.34 million. Nanoco Group PLC has a 52 week low of GBX 35.00 and a 52 week high of GBX 79.62. The stock has a 50-day moving average of GBX 69.45 and a 200 day moving average of GBX 50.44.

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About Nanoco Group PLC
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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