PureCircle Limited (PURE) Downgraded by Kepler Capital Markets to “Reduce”
Kepler Capital Markets lowered shares of PureCircle Limited (LON:PURE) to a reduce rating in a research report sent to investors on Tuesday morning. They currently have GBX 390 ($5.17) target price on the stock, down from their prior target price of GBX 410 ($5.44).
Separately, Liberum Capital reiterated a buy rating and issued a GBX 500 ($6.63) price objective on shares of PureCircle Limited in a report on Tuesday, September 19th.
Shares of PureCircle Limited (LON:PURE) traded down 1.40% during trading on Tuesday, reaching GBX 458.50. 13,193 shares of the company’s stock traded hands. The company’s 50-day moving average is GBX 438.36 and its 200 day moving average is GBX 364.34. The company’s market cap is GBX 796.41 million. PureCircle Limited has a 52-week low of GBX 190.00 and a 52-week high of GBX 514.00.
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In other news, insider Christopher Dale Pratt sold 44,630 shares of the stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of GBX 460 ($6.10), for a total transaction of £205,298 ($272,314.63).
About PureCircle Limited
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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