Alternative Networks Receives “Buy” Rating from Investec (AN)
Alternative Networks (LON:AN)‘s stock had its “buy” rating reiterated by stock analysts at Investec in a report issued on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 390 ($6.29) price objective on the stock. Investec’s price objective would indicate a potential upside of 12.15% from the stock’s previous close.
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.
Several other analysts have also recently commented 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. Analysts at Westhouse Securities reiterated an “add” rating on shares of Alternative Networks (LON:AN) in a research note to investors on Tuesday, September 17th. They now have a GBX 350 ($5.65) price target on the stock.
Alternative Networks plc is a United Kingdom-based company is a provider of communications products and services.
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