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

Panmure Gordon reaffirmed their buy rating on shares of Faron Pharmaceuticals Oy (LON:FARN) in a research note released on Monday, May 15th, StockTargetPrices.com reports. They currently have a GBX 663 ($8.39) price objective on the stock.

Shares of Faron Pharmaceuticals Oy (LON FARN) remained flat at GBX 735.00 during midday trading on Monday. The company had a trading volume of 332 shares. The stock’s market capitalization is GBX 193.39 million. The firm’s 50 day moving average is GBX 755.39 and its 200 day moving average is GBX 479.81. 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 news, insider Jonathan Knowles acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 25th. The stock was purchased at an average price of GBX 635 ($8.03) per share, for a total transaction of £6,350 ($8,032.89).

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