Peel Hunt Reiterates Buy Rating for Genedrive (GDR)

Peel Hunt reiterated their buy rating on shares of Genedrive (LON:GDR) in a research report report published on Tuesday, March 20th. Peel Hunt currently has a GBX 152 ($2.15) price target on the stock.

GDR stock remained flat at $GBX 38.50 ($0.54) during mid-day trading on Tuesday. The company’s stock had a trading volume of 1,250 shares, compared to its average volume of 9,606. Genedrive has a 12 month low of GBX 25 ($0.35) and a 12 month high of GBX 44.50 ($0.63).

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Genedrive (LON:GDR) last posted its earnings results on Tuesday, March 20th. The company reported GBX (9) (($0.13)) earnings per share (EPS) for the quarter. The company had revenue of GBX 263 million during the quarter. Genedrive had a negative net margin of 128.59% and a negative return on equity of 141.44%.

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Genedrive Company Profile

Genedrive Plc, formerly Epistem Holdings Plc, is a holding company engaged in molecular diagnostics business. The Company operates through segments, including Preclinical Research Services, Pharmacogenomics Services and Diagnostics. Its geographical segments include the United Kingdom, Europe, the United States of America and Asia.

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