Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Oxford Nanopore Technologies (LON:ONT)

Oxford Nanopore Technologies (LON:ONT)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Thursday,London Stock Exchange reports. They currently have a GBX 195 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 29.46% from the stock’s previous close.

A number of other analysts have also commented on ONT. Berenberg Bank decreased their price objective on Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a report on Wednesday. Citigroup lowered Oxford Nanopore Technologies to a “buy” rating in a report on Monday, July 20th. Peel Hunt restated a “hold” rating and set a GBX 153 price objective on shares of Oxford Nanopore Technologies in a research note on Monday, July 13th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 225 price objective on shares of Oxford Nanopore Technologies in a report on Tuesday, May 26th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Oxford Nanopore Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 193.25.

Oxford Nanopore Technologies Stock Performance

ONT opened at GBX 150.63 on Thursday. Oxford Nanopore Technologies has a 1-year low of GBX 95.61 and a 1-year high of GBX 215.60. The company has a market cap of £1.47 billion, a price-to-earnings ratio of -9.98 and a beta of 0.91. The company’s fifty day moving average price is GBX 118.42 and its two-hundred day moving average price is GBX 122.55. The company has a current ratio of 3.56, a quick ratio of 6.01 and a debt-to-equity ratio of 8.96.

Oxford Nanopore Technologies (LON:ONT) last posted its earnings results on Wednesday, August 19th. The company reported GBX (4.90) earnings per share for the quarter. Oxford Nanopore Technologies had a negative return on equity of 29.43% and a negative net margin of 64.85%.

About Oxford Nanopore Technologies

Oxford Nanopore Technologies’ goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.