PureCircle (PURE) Stock Rating Reaffirmed by Numis Securities

PureCircle (LON:PURE)‘s stock had its “buy” rating restated by equities researchers at Numis Securities in a research report issued to clients and investors on Wednesday, Digital Look reports. They currently have a GBX 500 ($6.53) price objective on the stock. Numis Securities’ price objective suggests a potential upside of 73.31% from the stock’s current price.

Separately, Liberum Capital reissued a “buy” rating and issued a GBX 425 ($5.55) price target on shares of PureCircle in a research report on Tuesday, March 12th.

PURE opened at GBX 288.50 ($3.77) on Wednesday. The firm has a market capitalization of $498.34 million and a PE ratio of -53.43. The company has a debt-to-equity ratio of 59.09, a current ratio of 3.92 and a quick ratio of 1.46. PureCircle has a 12 month low of GBX 240 ($3.14) and a 12 month high of GBX 420 ($5.49).

PureCircle Company Profile

PureCircle Limited, an investment holding company, engages in the production, marketing, and distribution of natural sweeteners and flavors. The company offers natural ingredients based on stevia for the food and beverage industry. It is also involved in the development and supply of stevia agronomy.

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