PureCircle Limited’s (PURE) “Reduce” Rating Reaffirmed at Kepler Capital Markets

PureCircle Limited (LON:PURE)‘s stock had its “reduce” rating reaffirmed by research analysts at Kepler Capital Markets in a report released on Friday. They currently have a GBX 390 ($5.13) price objective on the stock. Kepler Capital Markets’ price objective suggests a potential downside of 17.19% from the company’s previous close.

Separately, Liberum Capital reissued a “buy” rating and set a GBX 500 ($6.58) price objective on shares of PureCircle Limited in a research report on Monday, October 30th.

Shares of PureCircle Limited (LON:PURE) opened at GBX 470.94 ($6.19) on Friday. PureCircle Limited has a 52-week low of GBX 190 ($2.50) and a 52-week high of GBX 517 ($6.80).

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In related news, insider Christopher Dale Pratt sold 44,630 shares of the firm’s stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of GBX 460 ($6.05), for a total transaction of £205,298 ($270,022.36).

PureCircle Limited Company Profile

PureCircle Limited is a producer of stevia ingredients for the global food and beverage industry. The Company focuses on encouraging healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. The Company has over 40 stevia-related patents. The Company’s Zeta Family ingredients consists of the sugar, such as steviol glycosides, including Reb M and Reb D, and allow for the deepest calorie reductions by food and beverage companies.

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