Oxford Nanopore Technologies (LON:ONT) Earns “Outperform” Rating from Royal Bank Of Canada

Oxford Nanopore Technologies (LON:ONT)‘s stock had its “outperform” rating reaffirmed by Royal Bank Of Canada in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 250 target price on the stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 38.20% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 250 price target on shares of Oxford Nanopore Technologies in a report on Tuesday, July 29th. Citigroup raised their price target on shares of Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the company a “buy” rating in a report on Tuesday, August 5th. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 232.50.

Oxford Nanopore Technologies Stock Performance

Shares of ONT stock opened at GBX 180.90 on Friday. Oxford Nanopore Technologies has a one year low of GBX 88.60 and a one year high of GBX 224.80. The company’s 50-day moving average is GBX 179.31 and its 200 day moving average is GBX 138.08. The company has a market capitalization of £1.74 billion, a price-to-earnings ratio of -1,130.63 and a beta of 0.80. The company has a debt-to-equity ratio of 8.07, a quick ratio of 6.01 and a current ratio of 4.45.

Oxford Nanopore Technologies Company Profile

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