Agronomics (LON:ANIC) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Agronomics (LON:ANIC) in a report issued on Tuesday,Digital Look reports. They currently have a GBX 13.30 price target on the stock.

Agronomics Trading Up 1.3%

Shares of LON ANIC opened at GBX 5.27 on Tuesday. The stock has a fifty day simple moving average of GBX 6.06 and a two-hundred day simple moving average of GBX 6.29. Agronomics has a 1-year low of GBX 4.80 and a 1-year high of GBX 9.30. The firm has a market cap of £57.07 million, a price-to-earnings ratio of -3.29 and a beta of 0.98.

About Agronomics

Agronomics is an AIM-listed investment company centered on the nascent fields of cellular agriculture, precision fermentation and synthetic biology. The Company invests in technologies that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals, as well as being fundamental to feeding the world’s expanding population.