Alent PLC Price Target Increased to GBX 430 by Analysts at Credit Suisse (ALNT)
Equities research analysts at Credit Suisse upped their price target on shares of Alent PLC (LON:ALNT) from GBX 420 ($6.74) to GBX 430 ($6.90) in a research note issued to investors on Wednesday, Analyst Ratings News reports. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price target would suggest a potential upside of 28.36% from the stock’s previous close.
Shares of Alent PLC (LON:ALNT) remained flat at GBX 335.00 during trading on Wednesday. The stock had a trading volume of 182,523 shares. Alent PLC has a 1-year low of GBX 296.40 and a 1-year high of GBX 413.50. The stock has a 50-day moving average of GBX 358. and a 200-day moving average of GBX 353.2.
Several other analysts have also recently commented on the stock. Analysts at UBS AG raised their price target on shares of Alent PLC from GBX 350 ($5.62) to GBX 365 ($5.86) in a research note to investors on Tuesday, August 6th. They now have a “neutral” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Alent PLC in a research note to investors on Tuesday, August 6th. They now have a GBX 350 ($5.62) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Alent PLC in a research note to investors on Monday, August 5th. They now have a GBX 330 ($5.29) price target on the stock. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 380.20 ($6.10).
Alent plc is a United Kingdom-based holding company. The Company is engaged in the supply of advanced surface treatment and plating chemicals and electronics assembly materials.
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