Itaconix plc (LON:ITX – Get Free Report) rose 14% on Thursday . The stock traded as high as GBX 200 and last traded at GBX 196.65. 97,501 shares traded hands during mid-day trading, an increase of 404% from the average session volume of 19,360 shares. The stock had previously closed at GBX 172.50.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group boosted their price target on Itaconix from GBX 325 to GBX 375 and gave the stock a “buy” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 375.
Read Our Latest Research Report on ITX
Itaconix Stock Performance
About Itaconix
Itaconix uses its proprietary plant-based polymer technology platform to produce and sell specialty ingredients that improve the safety, performance, and sustainability of consumer products. The Company’s current ingredients are enabling and leading new generations of products in detergents, hygiene, and hair care. Itaconix’s contributions to the global low carbon economy are recognised by the London Stock Exchange’s Green Economy Mark.
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