Peel Hunt reaffirmed their buy rating on shares of Nanoco Group (LON:NANO) in a research report released on Thursday.

Separately, Deutsche Bank initiated coverage on Nanoco Group in a report on Tuesday, October 2nd. They set a buy rating and a GBX 48 ($0.63) price objective for the company.

Shares of LON:NANO traded up GBX 0.50 ($0.01) during mid-day trading on Thursday, reaching GBX 38.55 ($0.50). 197,019 shares of the stock were exchanged, compared to its average volume of 1,250,000. Nanoco Group has a one year low of GBX 17.75 ($0.23) and a one year high of GBX 47 ($0.61).

In other news, insider Brian Tenner acquired 158,543 shares of the firm’s stock in a transaction that occurred on Tuesday, October 16th. The stock was acquired at an average cost of GBX 32 ($0.42) per share, for a total transaction of £50,733.76 ($66,292.64). Also, insider Alison Margaret Fielding purchased 47,759 shares of the firm’s stock in a transaction on Wednesday, November 14th. The stock was bought at an average price of GBX 42 ($0.55) per share, with a total value of £20,058.78 ($26,210.35).

Nanoco Group Company Profile

Nanoco Group plc, together with its subsidiaries, engages in the research, development, licensing, and manufacture of cadmium and heavy-metal-free quantum dots, and semiconductor nanoparticles for use in various commercial applications. The company offers cadmium free quantum dots, CFQD quantum dot films, copper indium gallium di-selenide/sulfide nanoparticles, and copper indium di-selenide/sulfide nanoparticles.

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