Liberum Capital Reaffirms Buy Rating for PureCircle (PURE)
PureCircle (LON:PURE)‘s stock had its “buy” rating reiterated by analysts at Liberum Capital in a research report issued on Monday. They presently have a GBX 500 ($6.78) price target on the stock. Liberum Capital’s target price points to a potential upside of 6.27% from the company’s previous close.
Separately, Kepler Capital Markets reiterated a “reduce” rating and set a GBX 390 ($5.29) price target on shares of PureCircle in a research note on Friday, November 17th.
PureCircle (PURE) opened at GBX 470.50 ($6.38) on Monday. PureCircle has a one year low of GBX 271.25 ($3.68) and a one year high of GBX 517 ($7.01). The stock has a market cap of $808.40 and a PE ratio of 15,683.33.
PureCircle Limited is a producer of stevia ingredients for the global food and beverage industry. The Company focuses on encouraging healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. The Company has over 40 stevia-related patents. The Company’s Zeta Family ingredients consists of the sugar, such as steviol glycosides, including Reb M and Reb D, and allow for the deepest calorie reductions by food and beverage companies.
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