Anite Stock Rating Reaffirmed by Canaccord Genuity (AIE)
Anite (LON:AIE)‘s stock had its “buy” rating reaffirmed by research analysts at Canaccord Genuity in a report released on Monday, Stock Ratings Network.com reports. They currently have a GBX 180 ($2.90) target price on the stock. Canaccord Genuity’s price target suggests a potential upside of 60.71% from the company’s current price.
AIE has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd downgraded shares of Anite (LON:AIE) from an “add” rating to a “hold” rating in a research note to investors on Wednesday, September 11th. They now have a GBX 128 ($2.07) price target on the stock, down previously from GBX 155 ($2.50). Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Anite (LON:AIE) in a research note to investors on Friday, August 16th. They now have a GBX 160 ($2.58) price target on the stock. One investment analyst has rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of GBX 164.58 ($2.66).
Shares of Anite (LON:AIE) opened at 110.50 on Monday. Anite has a 52-week low of GBX 109.00 and a 52-week high of GBX 163.00. The stock’s 50-day moving average is GBX 120.9 and its 200-day moving average is GBX 127.2. The company’s market cap is £315.1 million.
Anite plc (LON:AIE) is a worldwide provider of hardware and software solutions, systems integration and managed services within its core markets of Wireless and Travel.
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