Analysts at Credit Suisse Didn’t Change their Past ‘”Neutral”’ rating on Shares Allied Minds (LON:ALM), Set a GBX 145.00 PT

May 17, 2018 - By Robert Crowder

Allied Minds plc (LON:ALM) Logo

Allied Minds (LON:ALM) Rating Reaffirmed

Allied Minds (LON:ALM) just had their share rating of a ‘”Neutral”‘ issued by research analysts at Credit Suisse, who now has a GBX 145.00 target on the 286.92 million GBP market cap company or a 20.43 % upside potential. This key information was revealed to investors in an analyst note on 17 May.

Allied Minds plc (LON:ALM) Ratings Coverage

Among 2 analysts covering Allied Minds PLC (LON:ALM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Allied Minds PLC has GBX 187 highest and GBX 110 lowest target. GBX 156.50’s average target is 30.63% above currents GBX 119.8 stock price. Allied Minds PLC had 4 analyst reports since January 22, 2018 according to SRatingsIntel. As per Thursday, March 22, the company rating was upgraded by Numis Securities. The rating was maintained by Credit Suisse with “Neutral” on Thursday, May 3. The firm has “Neutral” rating by Credit Suisse given on Friday, March 23. Numis Securities maintained Allied Minds plc (LON:ALM) rating on Monday, January 22. Numis Securities has “Add” rating and GBX 187 target.

The stock decreased 1.48% or GBX 1.8 during the last trading session, reaching GBX 119.8. About 719,801 shares traded or 53.01% up from the average. Allied Minds plc (LON:ALM) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Allied Minds plc is a private equity and venture capital firm specializing in pre-seed, seed, start-up, and early stage technology investments. The company has market cap of 286.92 million GBP. The firm prefers to invest across all products, services, and industries with a focus on the life science and technology sector including medical devices, diagnostics, biopharmaceuticals, big data, cyber security, communications, semiconductors, and food safety. It currently has negative earnings. It primarily invests in companies based in the United States, but depending on opportunities this could be expanded to a global network of partners and investments.

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