Puretech Health (LON:PRTC)‘s stock had its “buy” rating reissued by stock analysts at Numis Securities in a report released on Tuesday, February 20th. They presently have a GBX 259 ($3.58) target price on the stock. Numis Securities’ target price would suggest a potential upside of 59.88% from the company’s current price.
PRTC has been the topic of several other reports. Peel Hunt boosted their price objective on Puretech Health from GBX 302 ($4.17) to GBX 313 ($4.32) and gave the company a “buy” rating in a research report on Friday, January 26th. Jefferies Group restated a “buy” rating on shares of Puretech Health in a research report on Friday, November 17th. Liberum Capital reiterated a “buy” rating and issued a GBX 248 ($3.43) target price on shares of Puretech Health in a research report on Friday, January 26th. Finally, N+1 Singer reiterated a “buy” rating on shares of Puretech Health in a research report on Thursday, November 30th. Five equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of GBX 260.20 ($3.59).
Shares of Puretech Health (LON:PRTC) traded up GBX 4 ($0.06) during trading on Tuesday, hitting GBX 162 ($2.24). The stock had a trading volume of 50,255 shares, compared to its average volume of 66,914. Puretech Health has a fifty-two week low of GBX 110 ($1.52) and a fifty-two week high of GBX 183.50 ($2.54). The stock has a market capitalization of $383.14 and a P/E ratio of -852.63.
In other news, insider Robert Langer bought 4,300 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The shares were bought at an average cost of GBX 162 ($2.24) per share, for a total transaction of £6,966 ($9,624.21).
Puretech Health Company Profile
PureTech Health plc is a cross-disciplinary healthcare company. The Company operates through two segments: growth stage businesses and project phase businesses. Businesses in the growth stage businesses segment are those whose activities focus on developing products to solve healthcare problems in varied markets.
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