Nanoco Group PLC price target held steady to $105 as issued in a report today by Liberum Capital

April 14, 2016

Finance News

Nanoco Group PLC (NANO) had its target price maintained to $105 by Liberum Capital in an issued report announced 4/15/2016. The new target price indicates a possible upside of 2 based on the company’s last stock close price.

Yesterday Nanoco Group PLC (NANO) traded 30.1% higher at GBX 41.63. The company’s 50-day average is GBX 42.70 and its 200-day average is GBX 48.43. The last close is down -1,404.6% from the 200-day average, compared to the S&P 500 which has increased 2.0% over the date range. 133,256 shares of Nanoco Group PLC traded hands, down from an average volume of 791,172.

See the graphic below:

Nanoco Group PLC

Nanoco Group PLC has a 52 week low of GBX 35 and a 52 week high of GBX 115 with a price-earnings ratio of 0. The company’s total market value is presently GBX 98.5M mm.

In addition to Liberum Capital reporting it’s target price, a total of 3 brokers have reported on NANO. The one year target price is GBX 96.00 with three analysts rating the stock a strong buy, zero rating the stock a buy, zero analysts rating the stock a hold, zero rating the stock to underperform, and finally zero brokerages
rating the company as sell.

Brief synopsis on Nanoco Group PLC (NANO)

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. The Company’s quantum dot technology is particularly attractive not only for its ability to enhance the colors of LCD screens – allowing them to rival OLED products – but also enabling manufacturers to use their existing infrastructure to do so. The quantum dots are cadmium-free, and free of other toxic heavy-metals, and so they are ideally suited for use in all consumer electronic devices.

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