Louise Patten Buys 1,636 Shares of Abcam Plc (ABC) Stock
Abcam Plc (LON:ABC) insider Louise Patten acquired 1,636 shares of Abcam Plc stock in a transaction that occurred on Thursday, September 14th. The shares were purchased at an average cost of GBX 1,079 ($13.94) per share, with a total value of £17,652.44 ($22,797.93).
Shares of Abcam Plc (LON:ABC) traded up 0.29% during trading on Monday, reaching GBX 1034.00. 288,136 shares of the company traded hands. The company’s 50-day moving average price is GBX 1,055.95 and its 200-day moving average price is GBX 955.55. Abcam Plc has a 52 week low of GBX 759.50 and a 52 week high of GBX 1,113.00. The company’s market capitalization is GBX 2.09 billion.
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ABC has been the subject of several recent analyst reports. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 1,116 ($14.41) price objective on shares of Abcam Plc in a research note on Thursday, July 27th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,100 ($14.21) price objective on shares of Abcam Plc in a research note on Monday, September 11th. Peel Hunt reaffirmed a “hold” rating and set a GBX 750 ($9.69) price objective on shares of Abcam Plc in a research note on Monday, September 11th. J P Morgan Chase & Co boosted their price objective on shares of Abcam Plc from GBX 864 ($11.16) to GBX 946 ($12.22) and gave the company a “neutral” rating in a research note on Monday. Finally, Panmure Gordon reaffirmed a “sell” rating on shares of Abcam Plc in a research note on Monday, September 11th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of GBX 927.67 ($11.98).
About Abcam Plc
Abcam plc is a global life sciences company. As a developer of reagents and tools, the Company’s purpose is to serve life science researchers globally. Providing the research and clinical communities with tools and scientific support, the Company offers validated biological binders and assays to address important targets in critical biological pathways.
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