Zacks Investment Research upgraded shares of Abcam PLC (NASDAQ:ABCZY) from a hold rating to a buy rating in a report issued on Friday morning. They currently have $16.00 price objective on the stock.

According to Zacks, “Abcam PLC distributes antibodies and associated protein research tools. Its product includes primary and secondary antibodies, proteins, peptides, lysates, biochemicals, immunoassays and other kits. Abcam PLC is headquartered in Cambridge, the United Kingdom. “

Shares of Abcam PLC (ABCZY) opened at 14.27 on Friday. The company has a 50-day moving average price of $14.13 and a 200-day moving average price of $12.55. Abcam PLC has a 12 month low of $9.13 and a 12 month high of $15.22. The stock has a market cap of $2.91 billion and a price-to-earnings ratio of 52.08.

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