Gooch & Housego, 27.3% potential upside indicated by Peel Hunt Limited

Gooch & Housego, with ticker (LON:GHH) now has a potential upside of 27.3% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 1,500 GBX for the company, which when compared to the Gooch & Housego, share price of 1,090 GBX at opening today (02/12/2021) indicates a potential upside of 27.3%. Trading has ranged between 1,059 (52 week low) and 1,550 (52 week high) with an average of 34,435 shares exchanging hands daily. The market capitalisation at the time of writing is £276,201,237.

Gooch & Housego PLC is a photonics technology company, which manufactures optical components and systems. It provides photonics solutions for industrial, aerospace and defense, life sciences and scientific research applications. It operates through four market sectors: Aerospace & Defense, Life Sciences, Industrial and Scientific Research. Aerospace & Defense includes target designation and range finding; guidance and navigation; countermeasures; Space Photonics, and surveillance, displays and secure communications. Industrial comprises the industrial laser market for use in the semiconductor and microelectronic industries, and also includes other industrial applications, such as metrology and telecommunications. Scientific research covers academic and government-funded research, including multi-national projects. The Life sciences business includes optical coherence tomography, laser surgery, microscopy and development and manufacturing of medical and diagnostic devices.