Celebrus Technologies (LON:CLBS) Price Target Cut to GBX 280 by Analysts at Canaccord Genuity Group

Celebrus Technologies (LON:CLBS) had its price target decreased by equities researchers at Canaccord Genuity Group from GBX 290 to GBX 280 in a note issued to investors on Wednesday,London Stock Exchange reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 115.38% from the company’s current price.

Celebrus Technologies Trading Down 5.8%

Celebrus Technologies stock traded down GBX 8 during trading hours on Wednesday, reaching GBX 130. 661,815 shares of the stock were exchanged, compared to its average volume of 98,325. The stock has a 50 day moving average of GBX 147.83 and a two-hundred day moving average of GBX 159.55. The company has a market cap of £51.14 million, a P/E ratio of 8.24 and a beta of 1.34. Celebrus Technologies has a twelve month low of GBX 125 and a twelve month high of GBX 306.

Insiders Place Their Bets

In related news, insider Bill Bruno sold 21,164 shares of Celebrus Technologies stock in a transaction on Friday, September 12th. The shares were sold at an average price of GBX 160, for a total transaction of £33,862.40. Corporate insiders own 17.42% of the company’s stock.

About Celebrus Technologies

As a disruptive data technology platform, Celebrus is focused on improving the relationships between brands and consumers via better data. Celebrus redefines what digital identity verification means to power both next-level marketing and fraud prevention use cases. Deployed across 30+ countries throughout the financial services, healthcare, retail, travel, and telecommunications sectors, Celebrus automatically captures, contextualises, and activates consumer behavioral data in live-time across all digital channels.