Agronomics (LON:ANIC – Get Free Report) had its price target decreased by equities research analysts at Canaccord Genuity Group from GBX 16 ($0.21) to GBX 15.90 ($0.21) in a research note issued on Monday,Digital Look reports. The brokerage presently has a “buy” rating on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 127.47% from the company’s current price.
Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 17.50 ($0.23) price objective on shares of Agronomics in a report on Friday, November 29th.
View Our Latest Stock Report on Agronomics
Agronomics Trading Up 0.2 %
Insider Activity
In related news, insider James (Jim) Mellon bought 1,300,000 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £52,000 ($67,218.20). Company insiders own 16.63% of the company’s stock.
About Agronomics
Agronomics is an AIM-listed investment company centered on the nascent fields of cellular agriculture, precision fermentation and synthetic biology. The Company invests in technologies that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage.
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