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Nanoco Group PLC Given “Buy” Rating at Canaccord

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clearsudden   Monday, 09/30/13 12:03:09 PM
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Nanoco Group PLC Given “Buy” Rating at Canaccord Genuity (NANO)
September 30th, 2013 - 0 comments - Filed Under - by Micah Reynolds

Nanoco Group PLC logoNanoco Group PLC (LON:NANO)‘s stock had its “buy” rating restated by investment analysts at Canaccord Genuity in a note issued to investors on Friday, StockRatingsNetwork.com reports. They currently have a GBX 275 ($4.44) price objective on the stock. Canaccord Genuity’s price objective indicates a potential upside of 65.57% from the company’s current price.

NANO has been the subject of a number of other recent research reports. Analysts at Liberum Capital reiterated a “buy” rating on shares of Nanoco Group PLC (LON:NANO) in a research note to investors on Friday.

Nanoco Group PLC (LON:NANO) traded up 0.15% on Friday, hitting GBX 169.25. The stock had a trading volume of 386,931 shares. Nanoco Group PLC has a one year low of GBX 55.48 and a one year high of GBX 199.275. The stock’s 50-day moving average is GBX 170.9 and its 200-day moving average is GBX 158.4.

Nanoco Group PLC designs, develops and manufactures quantum dots, solar inks and other nanomaterials in commercial quantities for major end-use markets.

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