Faron Pharmaceuticals Oy’s (FARN) Buy Rating Reaffirmed at Panmure Gordon

Faron Pharmaceuticals Oy (LON:FARN)‘s stock had its “buy” rating reaffirmed by investment analysts at Panmure Gordon in a research note issued to investors on Monday, May 8th. They presently have a GBX 663 ($8.56) price objective on the stock. Panmure Gordon’s price target suggests a potential downside of 14.45% from the company’s previous close.

Faron Pharmaceuticals Oy (LON:FARN) opened at 775.00 on Monday. The company’s market capitalization is GBX 203.91 million. The company has a 50-day moving average price of GBX 677.36 and a 200 day moving average price of GBX 409.94. Faron Pharmaceuticals Oy has a 52-week low of GBX 240.75 and a 52-week high of GBX 825.00.

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In other Faron Pharmaceuticals Oy news, insider Jonathan Knowles bought 1,000 shares of the company’s stock in a transaction on Tuesday, April 25th. The stock was purchased at an average cost of GBX 635 ($8.20) per share, for a total transaction of £6,350 ($8,196.72).

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