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Avanti Communications Group PLC (LON:AVN)‘s stock had its “speculative buy” rating reaffirmed by research analysts at Beaufort Securities in a report released on Tuesday, Analyst Ratings reports.

Avanti Communications Group PLC (LON:AVN) traded up 1.38% on Tuesday, hitting GBX 302.1197. The stock had a trading volume of 366,369 shares. Avanti Communications Group PLC has a 52 week low of GBX 133.80 and a 52 week high of GBX 329.25. The stock has a 50-day moving average of GBX 297.0 and a 200-day moving average of GBX 251.3.

Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Avanti Communications Group PLC in a research note on Wednesday, February 12th. They now have a GBX 580 ($9.78) price target on the stock.

Avanti Communications Group plc is engaged in the provision of satellite communication services. The services are principally provided through Ka-band satellites.

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