Nanoco Group (NANO) Stock Rating Reaffirmed by Peel Hunt

Peel Hunt restated their buy rating on shares of Nanoco Group (LON:NANO) in a report published on Tuesday morning.

Separately, Deutsche Bank assumed coverage on Nanoco Group in a research report on Tuesday, October 2nd. They set a buy rating and a GBX 48 ($0.63) price target on the stock.

LON:NANO opened at GBX 35.01 ($0.46) on Tuesday. Nanoco Group has a twelve month low of GBX 17.75 ($0.23) and a twelve month high of GBX 47 ($0.61).

In related news, insider Brian Tenner purchased 158,543 shares of the stock in a transaction on Tuesday, October 16th. The shares were purchased at an average price of GBX 32 ($0.42) per share, with a total value of £50,733.76 ($66,292.64).

Nanoco Group Company Profile

Nanoco Group plc, together with its subsidiaries, engages in the research, development, licensing, and manufacture of cadmium and heavy-metal-free quantum dots, and semiconductor nanoparticles for use in various commercial applications. The company offers cadmium free quantum dots, CFQD quantum dot films, copper indium gallium di-selenide/sulfide nanoparticles, and copper indium di-selenide/sulfide nanoparticles.

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