Syncona (LON:SYNC) Earns “Buy” Rating from Peel Hunt

Syncona (LON:SYNC)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a report released 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 52.42% from the company’s current price.

Syncona Stock Performance

Shares of LON:SYNC traded up GBX 0.40 during midday trading on Monday, reaching GBX 124. 94,436 shares of the company’s stock traded hands, compared to its average volume of 904,680. Syncona has a 1 year low of GBX 86.80 and a 1 year high of GBX 126. The company has a market cap of £754.17 million, a P/E ratio of -85.52 and a beta of 0.36. The company has a fifty day simple moving average of GBX 114.35 and a two-hundred day simple moving average of GBX 103.43.

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.