Liberum Capital Reiterates “Buy” Rating for PureCircle Limited (PURE)

PureCircle Limited (LON:PURE)‘s stock had its “buy” rating reissued by research analysts at Liberum Capital in a research note issued on Monday. They presently have a GBX 500 ($6.57) price target on the stock. Liberum Capital’s price objective would suggest a potential upside of 12.61% from the company’s previous close.

Separately, Kepler Capital Markets cut shares of PureCircle Limited to a “reduce” rating and cut their price target for the stock from GBX 410 ($5.39) to GBX 390 ($5.13) in a report on Tuesday, October 3rd.

Shares of PureCircle Limited (PURE) opened at 444.00 on Monday. The firm’s market capitalization is GBX 771.22 million. The stock’s 50 day moving average price is GBX 445.67 and its 200-day moving average price is GBX 369.29. PureCircle Limited has a 52-week low of GBX 190.00 and a 52-week high of GBX 514.00.

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In related news, insider Christopher Dale Pratt sold 44,630 shares of the stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of GBX 460 ($6.05), for a total transaction of £205,298 ($269,915.86).

About PureCircle Limited

PureCircle Limited is a producer of stevia ingredients for the global food and beverage industry. The Company focuses on encouraging healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. The Company has over 40 stevia-related patents. The Company’s Zeta Family ingredients consists of the sugar, such as steviol glycosides, including Reb M and Reb D, and allow for the deepest calorie reductions by food and beverage companies.

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