Liberum Capital Reaffirms “Buy” Rating for PureCircle Limited (PURE)

PureCircle Limited (LON:PURE)‘s stock had its “buy” rating reiterated by stock analysts at Liberum Capital in a note issued to investors on Monday. They presently have a GBX 500 ($6.53) price objective on the stock. Liberum Capital’s target price would indicate a potential upside of 81.16% from the stock’s current price.

Separately, Numis Securities Ltd reiterated a “buy” rating on shares of PureCircle Limited in a research note on Thursday.

PureCircle Limited (LON:PURE) opened at 272.64 on Monday. PureCircle Limited has a one year low of GBX 260.50 and a one year high of GBX 562.47. The stock’s 50 day moving average is GBX 309.08 and its 200-day moving average is GBX 340.35. The firm’s market cap is GBX 469.24 million.

In other PureCircle Limited news, insider Ferre,Jordi sold 41,300 shares of the stock in a transaction that occurred on Tuesday, July 12th. The shares were sold at an average price of GBX 335 ($4.37), for a total value of £138,355 ($180,596.53). Also, insider Sinha,Rakesh bought 20,000 shares of the stock in a transaction on Wednesday, July 13th. The stock was purchased at an average price of GBX 335 ($4.37) per share, for a total transaction of £67,000 ($87,455.95).

About PureCircle Limited

PureCircle Limited is a Malaysia-based investment holding company. The Company, through its subsidiaries, engages in production, distribution, sales and marketing of natural sweeteners and flavours; investment holding; supply and development of stevia agronomy, and supply chain, production and distribution of natural sweeteners and flavours.

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