Today’s Rating: Nanoco Group PLC (LON:NANO) Buy Rating Maintained at Peel Hunt; With GBX 75.00 Target

November 28, 2016 - By Marguerite Chambers

Nanoco Group PLC (LON:NANO) Rating

Peel Hunt have a GBX 75.00 TP on the stock. The TP gives a potential upside of 54.64% from Nanoco Group PLC (LON:NANO)‘s close price. This rating was revealed to investors in a note on 28 November.

Nanoco Group PLC (LON:NANO) Ratings Coverage

Out of 3 analysts covering Nanoco Group PLC (LON:NANO), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 260 is the highest target while GBX 75 is the lowest. The GBX 96.67 average target is 103.52% above today’s (GBX 47.5) stock price. Nanoco Group PLC has been the topic of 18 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Canaccord Genuity given on Wednesday, May 18. The firm has “Buy” rating by Liberum Capital given on Friday, April 15. The stock has “Buy” rating given by Liberum Capital on Friday, October 7. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, October 28 report. The firm has “Buy” rating given on Monday, August 1 by Liberum Capital. The rating was maintained by Canaccord Genuity on Thursday, December 10 with “Buy”. Liberum Capital maintained Nanoco Group PLC (LON:NANO) on Thursday, July 30 with “Buy” rating. As per Thursday, March 31, the company rating was maintained by Liberum Capital. The firm has “Buy” rating given on Monday, August 1 by Canaccord Genuity. The stock of Nanoco Group PLC (LON:NANO) has “Buy” rating given on Tuesday, October 13 by Canaccord Genuity.

About 15,957 shares traded hands. Nanoco Group PLC (LON:NANO) has risen 22.93% since April 27, 2016 and is uptrending. It has outperformed by 16.92% the S&P500.

Analysts await Nanometrics Incorporated (NASDAQ:NANO) to report earnings on February, 7. NANO’s profit will be $6.51 million for 23.29 P/E if the $0.26 EPS becomes a reality. After $0.33 actual earnings per share reported by Nanometrics Incorporated for the previous quarter, Wall Street now forecasts -21.21% negative EPS growth.

Insitutional Activity: The institutional sentiment decreased to 1.89 in 2016 Q2. Its down 0.36, from 2.25 in 2016Q1. The ratio fall, as 6 funds sold all Nanoco Group PLC shares owned while 26 reduced positions. 30 funds bought stakes while 42 increased positions. They now own 19.93 million shares or 0.04% more from 19.93 million shares in 2016Q1.

Teachers Advsrs Inc holds 0% of its portfolio in Nanoco Group PLC (LON:NANO) for 41,824 shares. Moreover, Deutsche Bancshares Ag has 0% invested in Nanoco Group PLC (LON:NANO) for 114,865 shares. Northern holds 285,382 shares or 0% of its portfolio. Moreover, Paradigm Asset Ltd Company has 0% invested in Nanoco Group PLC (LON:NANO) for 2,400 shares. Rhumbline Advisers holds 0% of its portfolio in Nanoco Group PLC (LON:NANO) for 35,622 shares. Citigroup last reported 0% of its portfolio in the stock. Fmr Ltd Liability Com holds 0% of its portfolio in Nanoco Group PLC (LON:NANO) for 134,900 shares. Kingdom Ridge Ltd Liability Co last reported 1.17% of its portfolio in the stock. Blackrock Grp Inc Limited has invested 0% of its portfolio in Nanoco Group PLC (LON:NANO). State Board Of Administration Of Florida Retirement Sys last reported 0% of its portfolio in the stock. Morgan Stanley last reported 0% of its portfolio in the stock. Wells Fargo And Commerce Mn holds 0.01% of its portfolio in Nanoco Group PLC (LON:NANO) for 700,515 shares. Teachers Retirement System Of The State Of Kentucky holds 0% or 5,400 shares in its portfolio. Public Sector Pension Invest Board has 0% invested in the company for 16,634 shares. Metropolitan Life Insur Ny owns 18,427 shares or 0% of their US portfolio.

Insider Transactions: Since July 1, 2016, the stock had 0 insider purchases, and 13 insider sales for $1.75 million net activity. 3,083 Nanoco Group PLC (LON:NANO) shares with value of $67,826 were sold by Heidrich Kevin. Shares for $4,909 were sold by Borowicz Stanislaw M.. On Friday, July 1 the insider Rhine Bruce C sold $205,100. $112,725 worth of Nanoco Group PLC (LON:NANO) was sold by Andreson Jeff. Another trade for 1,093 shares valued at $22,428 was sold by Taylor Janet Therese.

Nanoco Group PLC is engaged in research, development and manufacturing of heavy-metal free quantum dots and semiconductor nanoparticles for use in display, lighting, solar energy and bio-imaging. The company has a market cap of 113.16 million GBP. The Company’s products include Cadmium Free Quantum Dots , CFQD quantum dot films, and copper indium gallium di-selenide (CIGS)/copper indium di-selenide/sulfide (CIS) nanoparticles. It currently has negative earnings. The Company’s CFQD Quantum Dot Films features include ability to vary blue/red ratio per film; managing heat; customizable size and shape available, and designed to work in conjunction with light emitting diode (LED) from a range of 405 nanometers to 455 nanometers as required.

According to Zacks Investment Research, “Nanometrics Inc. is a leader in the design, manufacture, marketing, and support of process monitoring systems for the semiconductor, data storage, and flat panel display industries. The company’s primary products are thin film measurement/analysis and overlay metrology systems. These products are used to analyze manufacturing quality at critical steps in production and to provide feedback for production control or notification of out-of-control processes.”

NANO Company Profile

Nanometrics Incorporated (Nanometrics), incorporated on January 18, 2005, provides process control metrology and inspection systems used in the fabrication of integrated circuits, high-brightness light emitting diodes (HB-LEDs), discrete components and data storage devices. The Firm operates in the segment of sale, design, manufacture, marketing and support of thin film and optical critical dimension systems. The Company’s automated and integrated systems address process control applications, including critical dimension and film thickness measurement, device topography, defect inspection, and analysis of various other film properties, such as optical, electrical and material characteristics. The Company’s process control solutions are deployed throughout the fabrication process, from front-end-of-line substrate manufacturing, to high-volume production of semiconductors and other devices, to advanced wafer-scale packaging applications.

More notable recent Nanoco Group PLC (LON:NANO) news were published by: which released: “Nanoco Group buys quantum dot patents from Eastman Kodak” on November 28, 2016, also with their article: “Nanoco Group plc (NANO.L)” published on March 30, 2014, published: “Nanoco Group Plc’s (NNOCF) CEO Michael Edelman on Preliminary Results 2016 …” on October 11, 2016. More interesting news about Nanoco Group PLC (LON:NANO) were released by: Fool.Co.Uk and their article: “As Nanoco Group PLC Plunges, Is It Time To Cut And Run?” published on January 06, 2015 as well as Fool.Co.Uk‘s news article titled: “Are Banco Santander SA And Nanoco Group PLC Star Buys For 2016?” with publication date: December 10, 2015.

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