Oxford BioMedica plc (OXB) Receives “Hold” Rating from N+1 Singer
Oxford BioMedica plc (LON:OXB)‘s stock had its “hold” rating reiterated by analysts at N+1 Singer in a research report issued on Tuesday. They presently have a GBX 3.30 ($0.04) target price on the biopharmaceutical company’s stock. N+1 Singer’s target price would indicate a potential downside of 10.81% from the company’s current price.
Separately, Jefferies Group initiated coverage on shares of Oxford BioMedica plc in a report on Friday, October 21st. They issued a “buy” rating and a GBX 8 ($0.10) price objective on the stock.
Oxford BioMedica plc (LON:OXB) opened at 3.55 on Tuesday. The company’s 50-day moving average is GBX 3.46 and its 200 day moving average is GBX 4.15. Oxford BioMedica plc has a 1-year low of GBX 2.98 and a 1-year high of GBX 8.45. The stock’s market capitalization is GBX 94.60 million.
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In other Oxford BioMedica plc news, insider Lorenzo Tallarigo acquired 79,988 shares of the company’s stock in a transaction dated Monday, September 26th. The shares were acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £2,399.64 ($2,976.85).
About Oxford BioMedica plc
Oxford BioMedica plc is a gene and cell therapy company. The Company is engaged in lentiviral vector and cell therapy research, development and production. The Company’s segments include Partnering, and R&D. The Partnering segment provides lentiviral vector bioprocessing and process development services to partners.
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