Peel Hunt Reiterates Buy Rating for PureTech Health (PRTC)

PureTech Health (LON:PRTC)‘s stock had its “buy” rating reissued by Peel Hunt in a report released on Tuesday, April 2nd, ThisIsMoney.Co.Uk reports.

PRTC has been the subject of a number of other research reports. Liberum Capital reaffirmed a “buy” rating on shares of PureTech Health in a report on Thursday, March 7th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 255 ($3.33) target price on shares of PureTech Health in a report on Thursday, March 7th.

Shares of PRTC traded up GBX 1.50 ($0.02) during trading hours on Tuesday, hitting GBX 188 ($2.46). The stock had a trading volume of 129,307 shares, compared to its average volume of 71,917. The company has a debt-to-equity ratio of 5.73, a current ratio of 0.97 and a quick ratio of 0.94. PureTech Health has a fifty-two week low of GBX 135 ($1.76) and a fifty-two week high of GBX 189.50 ($2.48). The stock has a market cap of $526.85 million and a P/E ratio of 7.29.

PureTech Health Company Profile

PureTech Health plc, a clinical-stage biopharma company, focuses on developing medicines for diseases caused by dysfunctions in the nervous, gastrointestinal, and immune systems. The company is developing a microbiome immune system drug-discovery platform and drug candidates for immune-mediated diseases; and products to induce weight loss and enhance glycaemic control through an orally administered capsule.

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