Agronomics’ (ANIC) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Agronomics (LON:ANIC)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a report released on Tuesday,Digital Look reports. They presently have a GBX 13.30 price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 150.94% from the stock’s current price.

Agronomics Stock Performance

LON ANIC opened at GBX 5.30 on Tuesday. Agronomics has a 52 week low of GBX 4.80 and a 52 week high of GBX 9.30. The stock has a market capitalization of £57.42 million, a price-to-earnings ratio of -3.31 and a beta of 0.98. The stock’s 50 day moving average price is GBX 6.09 and its two-hundred day moving average price is GBX 6.30.

About Agronomics

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. This disruption will decouple supply chains from the environment and animals, as well as being fundamental to feeding the world’s expanding population.