FinnCap Reiterates “Corporate” Rating for Iofina plc (IOF)
Iofina plc (LON:IOF)‘s stock had its “corporate” rating reissued by research analysts at FinnCap in a research report issued to clients and investors on Friday. They presently have a GBX 20 ($0.27) target price on the stock. FinnCap’s target price suggests a potential upside of 53.85% from the stock’s previous close.
Shares of Iofina plc (IOF) opened at 13.00 on Friday. The stock has a 50 day moving average of GBX 11.82 and a 200-day moving average of GBX 11.94. The firm’s market capitalization is GBX 16.58 million. Iofina plc has a 12 month low of GBX 7.37 and a 12 month high of GBX 16.25.
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About Iofina plc
Iofina plc is a holding company. The Company is involved in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and natural gas. Its segments are Iodine and Iodine Derivatives, and Montana. The activities of the Iodine and Iodine Derivatives segment include the production of raw iodine, and the production of iodine derivatives and other non-iodine based chemical derivatives.
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