Syncona’s (SYNC) Buy Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of Syncona (LON:SYNC) in a report issued on Monday morning,Digital Look reports. They currently have a GBX 189 target price on the stock.

Syncona Price Performance

Shares of Syncona stock opened at GBX 124 on Monday. The firm has a market capitalization of £754.17 million, a PE ratio of -85.52 and a beta of 0.36. The company’s fifty day moving average price is GBX 114.71 and its two-hundred day moving average price is GBX 103.65. Syncona has a 52-week low of GBX 86.80 and a 52-week high of GBX 126.

About Syncona

Syncona’s purpose is to invest to extend and enhance human life. We do this by creating, building and scaling companies to deliver transformational treatments to patients in areas of high unmet need. We aim to build and maintain a diversified portfolio of 20-25 globally leading life science businesses, across development stage, modality and therapeutic area, for the benefit of all our stakeholders. We focus on developing treatments that deliver patient impact by working in close partnership with world-class academic founders and experienced management teams.