FinnCap Lowers Allergy Therapeutics (AGY) Price Target to GBX 40

Allergy Therapeutics (LON:AGY) had its price target decreased by stock analysts at FinnCap from GBX 47 ($0.61) to GBX 40 ($0.52) in a research note issued on Friday. The firm presently has a “corporate” rating on the stock. FinnCap’s price target would indicate a potential upside of 387.80% from the stock’s current price.

Separately, Numis Securities restated a “buy” rating and set a GBX 35 ($0.46) price objective on shares of Allergy Therapeutics in a research report on Monday, March 18th.

Shares of LON AGY opened at GBX 8.20 ($0.11) on Friday. Allergy Therapeutics has a one year low of GBX 8 ($0.10) and a one year high of GBX 29 ($0.38). The stock has a market cap of $52.17 million and a price-to-earnings ratio of -16.40. The company has a debt-to-equity ratio of 6.20, a current ratio of 3.74 and a quick ratio of 3.08.

About Allergy Therapeutics

Allergy Therapeutics plc engages in the research and development of allergy treatments. It sells injectable and sublingual allergen-specific immunotherapies; and offers prescription for the treatment of pollen-related allergies, particularly to grasses, weeds, and trees. The company's products include Pollinex, Pollinex Quattro, Oralvac, Acarovac Plus, and Venomil.

See Also: Retained Earnings

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