Anite Given Buy Rating at Espirito Santo Investment Bank Research (AIE)
Anite (LON:AIE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Espirito Santo Investment Bank Research in a research note issued to investors on Tuesday, Analyst Ratings.Net reports. They currently have a GBX 150 ($2.41) price objective on the stock. Espirito Santo Investment Bank Research’s target price points to a potential upside of 34.83% from the stock’s previous close.
Anite (LON:AIE) opened at 110.75 on Tuesday. Anite has a 1-year low of GBX 109.00 and a 1-year high of GBX 163.00. The stock has a 50-day moving average of GBX 120.9 and a 200-day moving average of GBX 127.2. The company’s market cap is £315.9 million.
AIE has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Anite in a research note to investors on Monday, September 30th. They now have a GBX 180 ($2.89) price target on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of Anite from an “add” rating to a “hold” rating in a research note to investors on Wednesday, September 11th. They now have a GBX 128 ($2.05) price target on the stock, down previously from GBX 155 ($2.49). One analyst has rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of GBX 163.21 ($2.62).
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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