Syncona (LON:SYNC) Reaches New 12-Month High – Still a Buy?

Syncona (LON:SYNC – Get Free Report) reached a new 52-week high on Tuesday. The stock traded as high as GBX 124.20 and last traded at GBX 122.20, with a volume of 102577 shares. The stock had previously closed at GBX 122.

Analyst Ratings Changes

Separately, Peel Hunt reiterated a “buy” rating and set a GBX 189 price target on shares of Syncona in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Syncona currently has a consensus rating of “Buy” and an average target price of GBX 189.

Check Out Our Latest Stock Analysis on Syncona

Syncona Stock Up 0.1%

The stock has a market capitalization of £745.20 million, a price-to-earnings ratio of -84.50 and a beta of 0.36. The company’s 50-day simple moving average is GBX 112.98 and its 200 day simple moving average is GBX 102.55.

About Syncona

(Get Free Report)

Syncona’s purpose is to invest to extend and enhance human life. We do this by creating, building and scaling companies to deliver transformational treatments to patients in areas of high unmet need. We aim to build and maintain a diversified portfolio of 20-25 globally leading life science businesses, across development stage, modality and therapeutic area, for the benefit of all our stakeholders. We focus on developing treatments that deliver patient impact by working in close partnership with world-class academic founders and experienced management teams.

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