Agronomics’ (ANIC) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reaffirmed their buy rating on shares of Agronomics (LON:ANIC) in a research report released on Tuesday,Digital Look reports. Canaccord Genuity Group currently has a GBX 13.30 price objective on the stock.

Agronomics Stock Performance

Shares of Agronomics stock opened at GBX 5.10 on Tuesday. The firm has a market cap of £55.25 million, a PE ratio of -3.19 and a beta of 0.98. The business’s 50 day simple moving average is GBX 6.01 and its 200 day simple moving average is GBX 6.27. Agronomics has a 52-week low of GBX 4.80 and a 52-week high of GBX 9.10.

Agronomics Company Profile

Agronomics is an AIM-listed investment company centered on the nascent fields of cellular agriculture, precision fermentation and synthetic biology. The Company invests in technologies that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals, as well as being fundamental to feeding the world’s expanding population.