Syncona (LON:SYNC) Sets New 1-Year High – Should You Buy?

Syncona (LON:SYNC – Get Free Report)’s stock price reached a new 52-week high during trading on Friday. The stock traded as high as GBX 126 and last traded at GBX 126, with a volume of 222,727 shares changing hands. The stock had previously closed at GBX 125.60.

Analyst Ratings Changes

Separately, Peel Hunt restated a “buy” rating and set a GBX 189 price objective on shares of Syncona in a research note on Monday. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Syncona presently has a consensus rating of “Buy” and an average target price of GBX 189.

Check Out Our Latest Research Report on Syncona

Syncona Trading Up 1.4%

The firm has a 50-day moving average of GBX 115.05 and a 200 day moving average of GBX 103.89. The stock has a market capitalization of £774.85 million, a price-to-earnings ratio of -87.86 and a beta of 0.36.

About Syncona

(Get Free Report)

Syncona’s purpose is to invest to extend and enhance human life. We do this by creating, building and scaling companies to deliver transformational treatments to patients in areas of high unmet need. We aim to build and maintain a diversified portfolio of 20-25 globally leading life science businesses, across development stage, modality and therapeutic area, for the benefit of all our stakeholders. We focus on developing treatments that deliver patient impact by working in close partnership with world-class academic founders and experienced management teams.

Further Reading

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