RE: HOPE NOT TO LATE TO PARTY8 Apr 2020 12:30
Target 76p for starters imo
Broker finnCap said the collaboration highlighted Avacta’s diagnostics capabilities as well as the potential to unlock significant near-term value.
The broker said it would make no changes to forecasts and target price, which remains at 76p a share, preferring instead to monitor progress ‘in the rapidly changing competitive landscape.’
Smith added, “Unfortunately, many millions of people around the world will ultimately become infected and it is likely to be an annual occurrence.
There is a clear and urgent need for a test that can be carried out quickly in the community to limit the spread of the virus and track its progress.”