Interactive Brokers shares jump as it secures spot in S&P 500
Investing.com - Deutsche Bank (ETR:DBKGn) lowered its price target on Syncona Ltd. (LON:SYNC) to GBP1.70 from GBP2.05 on Monday, while maintaining a Buy rating on the stock amid challenging market conditions.
Syncona reported a 10% decline in NAV per share to 171p for fiscal year 2025, primarily driven by Autolus’ share price performance, though this decline was partially offset by accretive share buybacks.
The company’s net asset value stands at £1.05 billion, consisting of a £288 million capital pool and £765 million in Life Science Investments spread across 14 strategic holdings.
Approximately 80% of Syncona’s portfolio value is now concentrated in eight clinical- or commercial-stage companies, reflecting the firm’s strategic pivot toward later-stage investments in recent years.
During the fiscal year, Syncona invested £135 million in its portfolio companies, while outside investors contributed an additional £176 million to support promising companies through key value inflection points.
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