Ilika plc 42.8% potential upside indicated by Liberum Capital

Ilika plc with ticker (LON:IKA) now has a potential upside of 42.8% according to Liberum Capital.



Liberum Capital set a target price of 245 GBX for the company, which when compared to the Ilika plc share price of 140 GBX at opening today (25/11/2021) indicates a potential upside of 42.8%. Trading has ranged between 93 (52 week low) and 285 (52 week high) with an average of 433,246 shares exchanging hands daily. The market capitalisation at the time of writing is £219,631,300.

Ilika plc is the holding company. The Company is engaged in the production, design and development of high throughput methods of material synthesis, characterization and screening. It has developed solid-state battery technology to meet the demands of the Internet of Things (IoT). The Company has materials development programs addressing a range of applications, including the solid-state battery, aerospace alloys and electronic materials. It has developed a type of lithium-ion battery, which, instead of using the usual liquid or polymer electrolyte, uses a ceramic ion conductor. It offers Stereax M250 rechargeable, thin film battery. It has applications in autonomous sensor devices, smart homes (heating, ventilation and air conditioning (HVAC), security, light), automotive (infotainment, sensors), logistics (asset tracking), medical devices (biometric monitoring) and wearables. It is also developing superalloys, self-healing alloys and smart materials for electronic data storage.