Syncona’s (SYNC) “Buy” Rating Reiterated at Peel Hunt

Syncona (LON:SYNC)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research report issued to clients and investors on Monday, Digital Look reports. They currently have a GBX 189 target price on the stock. Peel Hunt’s price target suggests a potential upside of 52.88% from the company’s previous close.

Syncona Price Performance

Shares of SYNC stock traded up GBX 0.02 during trading hours on Monday, reaching GBX 123.62. 22,029 shares of the company’s stock were exchanged, compared to its average volume of 904,316. The company has a market cap of £751.88 million, a P/E ratio of -85.26 and a beta of 0.36. The company’s 50 day moving average is GBX 114.35 and its two-hundred day moving average is GBX 103.43. Syncona has a 1 year low of GBX 86.80 and a 1 year high of GBX 126.

Syncona Company Profile

Syncona’s purpose is to invest to extend and enhance human life. We do this by creating, building and scaling companies to deliver transformational treatments to patients in areas of high unmet need. We aim to build and maintain a diversified portfolio of 20-25 globally leading life science businesses, across development stage, modality and therapeutic area, for the benefit of all our stakeholders. We focus on developing treatments that deliver patient impact by working in close partnership with world-class academic founders and experienced management teams.