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Nanoco Group PLC 21% Potential Upside Indicated by Deutsche Bank

Nanoco Group PLC using EPIC/TICKER code (LON:NANO) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Deutsche Bank. Nanoco Group PLC are listed in the Technology sector within AIM. Deutsche Bank have set their target price at 64 GBX on its stock. This is indicating the analyst believes there is a potential upside of 21.0% from the opening price of 52.9 GBX. Over the last 30 and 90 trading days the company share price has increased 9.3 points and increased 5.9 points respectively. The 1 year high share price is 55.5 GBX while the year low stock price is currently 30.3 GBX.

Nanoco Group PLC has a 50 day moving average of 50.96 GBX and the 200 Day Moving Average price is recorded at 43.72. There are currently 285,934,927 shares in issue with the average daily volume traded being 496,630. Market capitalisation for LON:NANO is £152,117,383 GBP.