Ilika plc (IKA) Rating Reiterated by Numis Securities Ltd

Ilika plc (LON:IKA)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a report released on Friday. They presently have a GBX 80 ($0.99) target price on the stock, down from their previous target price of GBX 110 ($1.36). Numis Securities Ltd’s target price points to a potential upside of 86.05% from the company’s previous close.

Separately, Beaufort Securities reiterated a “speculative buy” rating on shares of Ilika plc in a research note on Tuesday, January 10th.

Shares of Ilika plc (LON:IKA) opened at 42.20 on Friday. The firm’s market capitalization is GBX 28.33 million. The firm has a 50-day moving average of GBX 49.30 and a 200 day moving average of GBX 48.83. Ilika plc has a 52 week low of GBX 40.00 and a 52 week high of GBX 78.25.

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Ilika plc Company Profile

Ilika plc is the holding company. The Company is engaged in the production, design and development of high throughput methods of material synthesis, characterization and screening. It has developed solid-state battery technology to meet the demands of the Internet of Things (IoT). The Company has materials development programs addressing a range of applications, including the solid-state battery, aerospace alloys and electronic materials.

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