Investment analysts at Peel Hunt initiated coverage on shares of Horizon Discovery Group (LON:HZD) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating and a GBX 181 ($2.50) price target on the stock. Peel Hunt’s target price would suggest a potential upside of 4.32% from the stock’s previous close.

Other equities analysts have also issued research reports about the company. Numis Securities reaffirmed a “buy” rating and issued a GBX 300 ($4.14) price objective on shares of Horizon Discovery Group in a research note on Friday, December 29th. N+1 Singer dropped their price objective on Horizon Discovery Group from GBX 250 ($3.45) to GBX 230 ($3.18) and set a “buy” rating for the company in a research note on Monday, February 19th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 226.83 ($3.13).

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Horizon Discovery Group (LON:HZD) opened at GBX 173.50 ($2.40) on Tuesday. The company has a market capitalization of $256.44 and a PE ratio of -1,239.29. Horizon Discovery Group has a 12 month low of GBX 160 ($2.21) and a 12 month high of GBX 294 ($4.06).

In other news, insider Susan Galbraith purchased 70,000 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was bought at an average cost of GBX 179 ($2.47) per share, with a total value of £125,300 ($173,114.12). Also, insider Jonathan Milner purchased 90,492 shares of the company’s stock in a transaction that occurred on Wednesday, February 7th. The shares were purchased at an average cost of GBX 165 ($2.28) per share, with a total value of £149,311.80 ($206,288.75).

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About Horizon Discovery Group

Horizon Discovery Group plc is a United Kingdom-based life science company. The Company uses gene editing and gene modulation application. Through the application of these technologies the Company enables researchers to alter almost any gene or modulate its function in human or mammalian cells to generate models that mimic the genetic abnormalities found in diseases such as cancer.

Analyst Recommendations for Horizon Discovery Group (LON:HZD)

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