PureCircle Limited (PURE) PT Lowered to GBX 500

PureCircle Limited (LON:PURE) had its price objective decreased by Liberum Capital from GBX 600 ($7.83) to GBX 500 ($6.53) in a research note issued on Tuesday. The firm presently has a “buy” rating on the stock. Liberum Capital’s price target would indicate a potential upside of 61.29% from the stock’s current price.

Separately, Numis Securities Ltd restated a “buy” rating and set a GBX 500 ($6.53) price objective on shares of PureCircle Limited in a research note on Wednesday, June 1st.

PureCircle Limited (LON:PURE) opened at 308.5625 on Tuesday. The company’s market cap is GBX 531.00 million. The firm’s 50-day moving average is GBX 316.44 and its 200 day moving average is GBX 343.88. PureCircle Limited has a 52-week low of GBX 260.50 and a 52-week high of GBX 562.47.

In related news, insider Ferre,Jordi sold 41,300 shares of the business’s stock in a transaction 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 firm’s stock in a transaction that occurred on Wednesday, July 13th. The stock was purchased at an average price of GBX 335 ($4.37) per share, with a total value of £67,000 ($87,455.95).

PureCircle Limited Company Profile

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.

Receive News & Ratings for PureCircle Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PureCircle Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

© 2006-2016 Mideast Time.