Shares of PureTech Health plc (LON:PRTC – Get Free Report) traded up 14.6% during mid-day trading on Saturday . The company traded as high as GBX 118 ($1.54) and last traded at GBX 118 ($1.54). 1,623,564 shares were traded during trading, an increase of 54% from the average session volume of 1,056,594 shares. The stock had previously closed at GBX 103 ($1.35).
Analysts Set New Price Targets
Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 455 ($5.96) price target on shares of PureTech Health in a report on Monday, December 16th.
Read Our Latest Stock Report on PureTech Health
PureTech Health Trading Up 14.6 %
PureTech Health Company Profile
PureTech Health plc, a clinical-stage biopharma company, focuses on developing medicines for diseases caused by dysfunctions in the nervous, gastrointestinal, and immune systems. The company is developing a microbiome immune system drug-discovery platform and drug candidates for immune-mediated diseases; and products to induce weight loss and enhance glycaemic control through an orally administered capsule.
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