PureCircle (PURE) Rating Reiterated by Liberum Capital
PureCircle (LON:PURE)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 500 ($6.73) target price on the stock. Liberum Capital’s price target would suggest a potential upside of 5.26% from the stock’s current price.
Separately, Kepler Capital Markets restated a “reduce” rating and set a GBX 390 ($5.25) price target on shares of PureCircle in a report on Friday, November 17th.
PureCircle (LON PURE) opened at GBX 475 ($6.39) on Monday. PureCircle has a 1-year low of GBX 192 ($2.58) and a 1-year high of GBX 517 ($6.96).
In other PureCircle news, insider Christopher Dale Pratt sold 44,630 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of GBX 460 ($6.19), for a total transaction of £205,298 ($276,309.56).
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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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