Oxford Nanopore Technologies’ (ONT) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Oxford Nanopore Technologies (LON:ONT) in a report released on Monday morning,London Stock Exchange reports. The brokerage currently has a GBX 250 price objective on the stock.

Separately, Peel Hunt reissued a “hold” rating and set a GBX 153 price target on shares of Oxford Nanopore Technologies in a report on Friday, December 5th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 226.60.

Oxford Nanopore Technologies Stock Performance

Shares of Oxford Nanopore Technologies stock opened at GBX 151.80 on Monday. The firm’s fifty day simple moving average is GBX 132.77 and its 200-day simple moving average is GBX 155.59. Oxford Nanopore Technologies has a 12 month low of GBX 88.60 and a 12 month high of GBX 224.80. The stock has a market capitalization of £1.47 billion, a price-to-earnings ratio of -10.26 and a beta of 0.80. The company has a debt-to-equity ratio of 8.07, a current ratio of 4.45 and a quick ratio of 6.01.

About Oxford Nanopore Technologies

Oxford Nanopore Technologies’ goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.