Zacks: Abcam PLC (ABCZY) Receives Consensus Rating of “Buy” from Analysts

Shares of Abcam PLC (NASDAQ:ABCZY) have been given a consensus broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. Abcam PLC’s rating score has improved by 33.3% from 90 days ago as a result of various analysts’ ratings changes.

Zacks has also assigned Abcam PLC an industry rank of 164 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded shares of Abcam PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th.

Shares of Abcam PLC (NASDAQ:ABCZY) traded up 8.44% during midday trading on Wednesday, hitting $15.22. 648 shares of the company’s stock traded hands. The company has a 50 day moving average price of $13.99 and a 200 day moving average price of $12.43. The firm has a market capitalization of $3.08 billion and a price-to-earnings ratio of 59.45. Abcam PLC has a 1-year low of $9.13 and a 1-year high of $15.22.

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