Alternative Networks Lowered to Neutral at Westhouse Securities (AN)
Alternative Networks (LON:AN) was downgraded by investment analysts at Westhouse Securities to a “neutral” rating in a note issued to investors on Thursday, Analyst Ratings.Net reports. They currently have a GBX 350 ($5.65) target price on the stock. Westhouse Securities’ price objective indicates a potential upside of 0.65% from the stock’s previous close.
A number of other firms have also recently commented on AN. Analysts at Investec reiterated a “buy” rating on shares of Alternative Networks (LON:AN) in a research note to investors on Thursday. They now have a GBX 390 ($6.29) price target on the stock. Analysts at FinnCap reiterated a “buy” rating on shares of Alternative Networks (LON:AN) in a research note to investors on Thursday. They now have a GBX 390 ($6.29) price target on the stock.
Shares of Alternative Networks (LON:AN) traded up 3.81% on Thursday, hitting GBX 347.75. The stock had a trading volume of 44,508 shares. Alternative Networks has a 52 week low of GBX 198.00 and a 52 week high of GBX 355.00. The stock has a 50-day moving average of GBX 334.6 and a 200-day moving average of GBX 324.3.
Alternative Networks plc is a United Kingdom-based company is a provider of communications products and services.
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