Alternative Networks Stock Rating Reaffirmed by Investec (AN)
Alternative Networks (LON:AN)‘s stock had its “buy” rating reaffirmed by investment analysts at Investec in a note issued to investors on Thursday, Stock Ratings Network.com reports. They currently have a GBX 560 ($9.18) price target on the stock. Investec’s price target indicates a potential upside of 19.60% from the company’s current price.
A number of other firms have also recently commented on AN. Analysts at FinnCap raised their price target on shares of Alternative Networks from GBX 430 ($7.05) to GBX 540 ($8.86) in a research note to investors on Thursday. They now have a “corporate” rating on the stock. Separately, analysts at Westhouse Securities reiterated an “add” rating on shares of Alternative Networks in a research note to investors on Thursday. Finally, analysts at Westhouse Securities upgraded shares of Alternative Networks to an “add” rating in a research note to investors on Wednesday, December 11th. They now have a GBX 445 ($7.30) price target on the stock.
Alternative Networks (LON:AN) opened at 492.35 on Thursday. Alternative Networks has a 52-week low of GBX 253.80 and a 52-week high of GBX 466.00. The stock has a 50-day moving average of GBX 407.7 and a 200-day moving average of GBX 352.3.
Alternative Networks plc is a United Kingdom-based company is a provider of communications products and services.
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