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Ergomed PLC 39% Potential Upside Indicated by Numis

Ergomed PLC using EPIC/TICKER code (LON:ERGO) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘HOLD’ today by analysts at Numis. Ergomed PLC are listed in the Health Care sector within AIM. Numis have set a target price of 250 GBX on its stock. This indicates the analyst now believes there is a potential upside of 39.0% from today’s opening price of 179.9 GBX. Over the last 30 and 90 trading days the company share price has decreased 64.1 points and decreased 3.9 points respectively. The 1 year high for the share price is 248 GBX while the 52 week low for the share price is 155.51 GBX.

Ergomed PLC has a 50 day moving average of 231.55 GBX and a 200 day moving average of 204.10. There are currently 44,858,600 shares in issue with the average daily volume traded being 61,899. Market capitalisation for LON:ERGO is £77,333,087 GBP.