Zacks Investment Research Upgrades Abcam PLC (ABCZY) to “Buy”

Abcam PLC (NASDAQ:ABCZY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The firm presently has a $16.00 price target on the stock. Zacks Investment Research‘s target price would indicate a potential upside of 15.71% from the stock’s current price.

According to Zacks, “Abcam PLC distributes antibodies and associated protein research tools. Its product includes primary and secondary antibodies, proteins, peptides, lysates, biochemicals, immunoassays and other kits. Abcam PLC is headquartered in Cambridge, the United Kingdom. “

Abcam PLC (NASDAQ ABCZY) opened at 13.8275 on Tuesday. The firm’s 50-day moving average price is $14.16 and its 200 day moving average price is $12.78. Abcam PLC has a 52-week low of $9.13 and a 52-week high of $15.22. The firm has a market cap of $2.82 billion and a PE ratio of 50.4653.

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