Puretech Health (LON:PRTC)‘s stock had its “buy” rating reissued by analysts at Peel Hunt in a research report issued on Tuesday, February 20th. They currently have a GBX 313 ($4.32) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 93.21% from the stock’s previous close.
A number of other equities analysts have also issued reports on PRTC. Numis Securities upped their target price on Puretech Health from GBX 207 ($2.86) to GBX 233 ($3.22) and gave the company a “buy” rating in a research report on Thursday, November 30th. Jefferies Group restated a “buy” rating on shares of Puretech Health in a research note on Friday, November 17th. N+1 Singer restated a “buy” rating on shares of Puretech Health in a research note on Thursday, November 30th. Finally, Liberum Capital restated a “buy” rating and set a GBX 248 ($3.43) price objective on shares of Puretech Health in a research note on Friday, January 26th. Five analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average price target of GBX 260.20 ($3.59).
Shares of Puretech Health (PRTC) traded up GBX 4 ($0.06) on Tuesday, hitting GBX 162 ($2.24). The company’s stock had a trading volume of 50,255 shares, compared to its average volume of 66,914. Puretech Health has a one year low of GBX 110 ($1.52) and a one year high of GBX 183.50 ($2.54). The firm has a market cap of $383.14 and a price-to-earnings 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 stock was acquired at an average price of GBX 162 ($2.24) per share, with a total value of £6,966 ($9,624.21).
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About Puretech Health
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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