Concepta PLC (LON:FRI)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 10 ($0.13) and last traded at GBX 9.75 ($0.13), with a volume of shares changing hands.
FRI has been the subject of a number of recent analyst reports. FinnCap increased their target price on shares of Concepta PLC from GBX 500 ($6.57) to GBX 690 ($9.07) and gave the company a “corporate” rating in a research report on Friday, July 28th. Numis Securities Ltd upgraded shares of Concepta PLC to an “add” rating and increased their target price for the company from GBX 300 ($3.94) to GBX 466 ($6.13) in a research report on Thursday, June 22nd. Liberum Capital assumed coverage on shares of Concepta PLC in a report on Tuesday, August 15th. They issued a “buy” rating and a GBX 850 ($11.18) price target for the company. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 120 ($1.58) price target on shares of Concepta PLC in a report on Monday, September 4th.
About Concepta PLC
Concepta PLC, formerly Frontier Resources International Plc, is a healthcare company. The Company is involved in the development of products and a platform, which targets the personalized mobile health market with a focus on women’s fertility and unexplained infertility. The Company’s portfolio of products includes MyLotus Meter, Ovulation Test, Pregnancy Test and Fertility App.
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