PureCircle Limited (PURE) PT Lowered to GBX 500 at Liberum Capital
PureCircle Limited (LON:PURE) had its price target lowered by research analysts at Liberum Capital from GBX 600 ($7.83) to GBX 500 ($6.53) in a research report issued to clients and investors on Tuesday. The brokerage presently has a “buy” rating on the stock. Liberum Capital’s price target indicates a potential upside of 51.52% from the company’s current price.
Separately, Numis Securities Ltd reaffirmed a “buy” rating and set a GBX 500 ($6.53) price target on shares of PureCircle Limited in a research note on Thursday, July 7th.
Shares of PureCircle Limited (LON:PURE) opened at 315.00 on Tuesday. PureCircle Limited has a 52 week low of GBX 260.50 and a 52 week high of GBX 562.47. The company’s 50-day moving average price is GBX 316.44 and its 200 day moving average price is GBX 344.33. The company’s market cap is GBX 542.07 million.
In related news, insider Ferre,Jordi sold 41,300 shares of the business’s stock in a transaction on Tuesday, July 12th. The stock was sold at an average price of GBX 335 ($4.37), for a total value of £138,355 ($180,596.53). Also, insider Sinha,Rakesh acquired 20,000 shares of the company’s stock in a transaction on Wednesday, July 13th. The stock was bought at an average cost of GBX 335 ($4.37) per share, with a total value 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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