PureCircle’s (PURE) Hold Rating Reiterated at Liberum Capital
Liberum Capital reaffirmed their hold rating on shares of PureCircle (LON:PURE) in a research report report published on Monday. The brokerage currently has a GBX 500 ($7.02) price objective on the stock.
Separately, Kepler Capital Markets cut shares of PureCircle to a reduce rating and lowered their target price for the stock from GBX 410 ($5.76) to GBX 390 ($5.48) in a research note on Tuesday, October 3rd.
PureCircle (LON:PURE) opened at GBX 433.50 ($6.09) on Monday. The stock has a market capitalization of $752.94 and a P/E ratio of 14,450.00. PureCircle has a twelve month low of GBX 276 ($3.88) and a twelve month high of GBX 517 ($7.26).
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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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