Cyan Holdings PLC (LON:CYAN) buy rating reaffirmed by analysts at Cantor Fitzgerald

[UK, USA] Cantor Fitzgerald have a GBX 1.00 TP on the stock. The TP would indicate a potential upside of 525.00% from Cyan Holdings PLC (LON:CYAN)’s previous close. This rating was revealed in a research report on Thursday, 17 March.

Out of 1 analysts covering Cyan Holdings PLC (LON:CYAN), 1 rate it “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 1 is the highest target while GBX 1 is the lowest. The GBX 1 average target is 525.00% above today’s (GBX 0.16) stock price. Cyan Holdings PLC was the topic in 9 analyst reports since September 30, 2015 according to StockzIntelligence Inc. Cantor Fitzgerald maintained the stock on February 9 with “Buy” rating.

About 1.97M shares traded hands. Cyan Holdings Plc (LON:CYAN) has declined 25.00% since August 14, 2015 and is downtrending. It has underperformed by 22.27% the S&P500.

Analysts await CYANOTECH CORP (NASDAQ:CYAN) to reports earnings on July, 20.

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The institutional sentiment decreased to 1 in Q3 2015. Its down 0.50, from 1.5 in 2015Q2. The ratio dived, as 3 funds sold all Cyan Holdings Plc shares owned while 1 reduced positions. 0 funds bought stakes while 4 increased positions. They now own 5.54 million shares or 393.11% more from 1.12 million shares in 2015Q2.

Coastline Trust Co holds 0.11% of its portfolio in Cyan Holdings Plc for 82,400 shares. Vanguard Group Inc owns 4.44 million shares or 0.01% of their US portfolio. Moreover, Blackrock Institutional Trust Company N.A. has 0% invested in the company for 10,562 shares. The New Jersey-based Blackrock Investment Management Llc has invested 0% in the stock. California Public Employees Retirement System, a California-based fund reported 19,300 shares.

Cyan Holdings plc is a United Kingdom holding company. The company has a market cap of 11.61 million GBP. The Company, through its subsidiaries, engages in the development of wireless monitoring and control products for smart metering infrastructure and intelligent lighting. It currently has negative earnings. The Company’s CyLec is an integrated solution for Automated Meter Reading and Advanced Metering Infrastructure (AMI) deployments.

According to Zacks Investment Research, “CYANOTECH CORP. develops and commercializes natural products from microalgae. Co. is currently producing microalgae products for the nutritional supplement and immunological diagnostics markets and is also developing microalgae-based products for the aquaculture feed/pigments, biopesticide and food coloring markets. Microalgae are a diverse group of over 30,000 species of microscopic plants which have a wide range of physiological and biochemical characteristics and naturally contain high levels of nutrients.”

 

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