Syncona Limited (LON:SYNC) shares were down 0.2% on Thursday . The company traded as low as GBX 215 ($2.81) and last traded at GBX 218 ($2.85). Approximately 688,879 shares were traded during trading, a decline of 8% from the average daily volume of 745,796 shares. The stock had previously closed at GBX 218.50 ($2.85).
A number of equities research analysts recently weighed in on SYNC shares. Peel Hunt reaffirmed a “buy” rating and set a GBX 279 ($3.65) price target on shares of Syncona in a report on Thursday, November 4th. Peel Hunt reissued a “buy” rating and issued a GBX 279 ($3.65) target price on shares of Syncona in a research report on Thursday, November 4th.
The company has a market cap of £1.45 billion and a price-to-earnings ratio of -6.75. The firm has a 50-day moving average price of GBX 188.38 and a 200 day moving average price of GBX 204.60.
Syncona Limited is a fund specializes in investments in hedge, equity and long-term alternative investment funds across multiple asset classes. It manages private equity, debt, fixed income and alternative investments. The fund prefers to invest in healthcare and life sciences sector with focus on Cell therapy, gene therapy, biologics and small molecules.
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