Agronomics’ (ANIC) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Agronomics (LON:ANIC) in a research report released on Thursday, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 16.50 ($0.20) price objective on the stock, down from their previous price objective of GBX 17 ($0.21).

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 17.50 ($0.22) target price on shares of Agronomics in a research report on Friday, November 29th.

Agronomics Stock Performance

Shares of LON:ANIC opened at GBX 3.85 ($0.05) on Thursday. The company has a 50 day moving average price of GBX 3.95 and a two-hundred day moving average price of GBX 4.76. Agronomics has a 52 week low of GBX 3.65 ($0.05) and a 52 week high of GBX 10.50 ($0.13). The company has a market capitalization of £38.89 million, a PE ratio of 470.00 and a beta of 1.47.

Agronomics Company Profile

Agronomics is an AIM-listed investment company centered on the nascent fields of cellular agriculture, precision fermentation and synthetic biology. The Company invests in technologies that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage.