Nanoco Group’s (NANO) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt restated their buy rating on shares of Nanoco Group (LON:NANO) in a research report released on Monday. Peel Hunt currently has a GBX 67 ($0.90) price target on the stock.

Shares of Nanoco Group (LON:NANO) opened at GBX 26.19 ($0.35) on Monday. Nanoco Group has a 1-year low of GBX 17.75 ($0.24) and a 1-year high of GBX 47.29 ($0.64).

In other Nanoco Group news, insider Christopher (Chris) Richards bought 166,666 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were acquired at an average cost of GBX 18 ($0.24) per share, with a total value of £29,999.88 ($40,376.69).

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Nanoco Group Company Profile

Nanoco Group PLC is engaged in research, development and manufacturing of heavy-metal free quantum dots and semiconductor nanoparticles for use in display, lighting, solar energy and bio-imaging. The Company’s products include Cadmium Free Quantum Dots (CFQD), CFQD quantum dot films, and copper indium gallium di-selenide (CIGS)/copper indium di-selenide/sulfide (CIS) nanoparticles.

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