Oxford Nanopore Technologies (LON:ONT) Price Target Raised to GBX 210 at Deutsche Bank Aktiengesellschaft

Oxford Nanopore Technologies (LON:ONT) had its price objective boosted by Deutsche Bank Aktiengesellschaft from GBX 190 to GBX 210 in a report issued on Thursday,London Stock Exchange reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

ONT has been the subject of a number of other reports. Berenberg Bank reissued a “buy” rating and set a GBX 250 price objective on shares of Oxford Nanopore Technologies in a report on Tuesday, September 2nd. Citigroup upped their price target on Oxford Nanopore Technologies from GBX 180 to GBX 240 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Finally, Royal Bank Of Canada increased their price target on Oxford Nanopore Technologies from GBX 250 to GBX 280 and gave the company an “outperform” rating in a research report on Monday. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 245.

Oxford Nanopore Technologies Stock Performance

ONT opened at GBX 170.87 on Thursday. Oxford Nanopore Technologies has a 1-year low of GBX 88.60 and a 1-year high of GBX 224.80. The company has a market cap of £1.65 billion, a price-to-earnings ratio of -1,154.51 and a beta of 0.80. The company’s fifty day moving average price is GBX 185.37 and its two-hundred day moving average price is GBX 140.62. The company has a current ratio of 4.45, a quick ratio of 6.01 and a debt-to-equity ratio of 8.07.

Oxford Nanopore Technologies (LON:ONT) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported GBX (7.50) earnings per share (EPS) for the quarter. Oxford Nanopore Technologies had a negative net margin of 94.82% and a negative return on equity of 26.02%.

Oxford Nanopore Technologies Company Profile

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.