Oxford Nanopore Technologies’ (ONT) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Oxford Nanopore Technologies (LON:ONT – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They presently have a GBX 195 target price on the stock. Deutsche Bank Aktiengesellschaft’s price objective suggests a potential upside of 29.46% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Peel Hunt reiterated a “hold” rating and set a GBX 153 target price on shares of Oxford Nanopore Technologies in a research report on Monday, July 13th. Citigroup lowered shares of Oxford Nanopore Technologies to a “buy” rating in a research report on Monday, July 20th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 225 price target on shares of Oxford Nanopore Technologies in a research note on Tuesday, May 26th. Finally, Berenberg Bank cut their price objective on shares of Oxford Nanopore Technologies from GBX 220 to GBX 200 and set a “buy” rating for the company in a report on Wednesday. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 193.25.

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Oxford Nanopore Technologies Stock Up 7.8%

ONT stock opened at GBX 150.63 on Thursday. The company has a debt-to-equity ratio of 8.96, a quick ratio of 6.01 and a current ratio of 3.56. The company has a market capitalization of £1.47 billion, a price-to-earnings ratio of -9.98 and a beta of 0.91. Oxford Nanopore Technologies has a fifty-two week low of GBX 95.61 and a fifty-two week high of GBX 215.60. The stock has a fifty day moving average of GBX 118.42 and a 200-day moving average of GBX 122.55.

Oxford Nanopore Technologies (LON:ONT – Get Free Report) last announced its quarterly earnings data on Wednesday, August 19th. The company reported GBX (4.90) earnings per share for the quarter. Oxford Nanopore Technologies had a negative return on equity of 29.43% and a negative net margin of 64.85%.

Oxford Nanopore Technologies Company Profile

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Oxford Nanopore Technologies’ goal is to bring the widest benefits to society through enabling the analysis of anything, by anyone, anywhere. The Group has developed a new generation of nanopore-based sensing technology that is currently used for real-time, high-performance, accessible, and scalable analysis of DNA and RNA. The technology is used in more than 125 countries, to understand the biology of humans, plants, animals, bacteria, viruses and environments as well as to understand diseases such as cancer.

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