Beaufort Securities Reiterates Speculative Buy Rating for Cyan Holdings Plc (CYAN)

Cyan Holdings Plc (LON:CYAN)‘s stock had its “speculative buy” rating reissued by equities researchers at Beaufort Securities in a research report issued on Wednesday. They currently have a GBX 0.60 ($0.01) price target on the stock. Beaufort Securities’ target price points to a potential upside of 200.00% from the company’s current price.

Shares of Cyan Holdings Plc (LON:CYAN) opened at 0.1985 on Wednesday. The firm’s market cap is GBX 13.81 million. Cyan Holdings Plc has a 12-month low of GBX 0.12 and a 12-month high of GBX 0.34. The company has a 50 day moving average of GBX 0.19 and a 200-day moving average of GBX 0.21.

About Cyan Holdings Plc

Cyan Holdings plc is a United Kingdom-based holding company. The Company, through its subsidiaries, engages in the development of wireless monitoring and control products for smart metering infrastructure and intelligent lighting. Its CyLec is an integrated solution for Automated Meter Reading (AMR) and Advanced Metering Infrastructure (AMI) deployments.

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