Abcam Plc (ABC) Receives Hold Rating from Stifel Nicolaus

Stifel Nicolaus reiterated their hold rating on shares of Abcam Plc (LON:ABC) in a report published on Tuesday morning. Stifel Nicolaus currently has a GBX 890 ($11.49) price target on the stock.

Other equities analysts have also issued research reports about the company. Numis Securities Ltd raised Abcam Plc to an add rating and set a GBX 912 ($11.78) price target on the stock in a research note on Tuesday, April 4th. Peel Hunt assumed coverage on Abcam Plc in a research note on Wednesday, January 25th. They set a hold rating and a GBX 750 ($9.68) price target on the stock. JPMorgan Chase & Co. upped their price target on Abcam Plc from GBX 678 ($8.75) to GBX 864 ($11.16) and gave the company a neutral rating in a research note on Monday, March 27th. Finally, Panmure Gordon reaffirmed a sell rating and set a GBX 640 ($8.26) price target on shares of Abcam Plc in a research note on Tuesday, January 10th. One analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 819.20 ($10.58).

Analyst Recommendations for Abcam Plc (LON:ABC)

Shares of Abcam Plc (LON:ABC) traded up 0.78% on Tuesday, hitting GBX 904.50. The stock had a trading volume of 968,460 shares. The company’s market cap is GBX 1.83 billion. The firm has a 50 day moving average price of GBX 843.99 and a 200-day moving average price of GBX 835.09. Abcam Plc has a 52 week low of GBX 590.00 and a 52 week high of GBX 948.00.

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The company also recently declared a dividend, which was paid on Thursday, April 13th. Stockholders of record on Thursday, March 16th were paid a dividend of GBX 2.83 ($0.04) per share. This represents a dividend yield of 0.31%. The ex-dividend date of this dividend was Thursday, March 16th.

In other news, insider Alan Thomas Hirzel purchased 6,000 shares of the business’s stock in a transaction dated Monday, March 20th. The shares were acquired at an average price of GBX 839 ($10.83) per share, with a total value of £50,340 ($64,996.77).

About Abcam Plc

Abcam plc is a global life sciences company. As a developer of reagents and tools, the Company’s purpose is to serve life science researchers globally. Providing the research and clinical communities with tools and scientific support, the Company offers validated biological binders and assays to address important targets in critical biological pathways.

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