Anite plc Receives “Hold” Rating from Investec (AIE)
Anite plc (LON:AIE)‘s stock had its “hold” rating reiterated by investment analysts at Investec in a note issued to investors on Monday, Analyst Ratings.Net reports. They currently have a GBX 88 ($1.48) price target on the stock. Investec’s price objective would indicate a potential downside of 5.20% from the stock’s previous close.
Shares of Anite plc (LON:AIE) opened at 92.83 on Monday. Anite plc has a 52-week low of GBX 72.50 and a 52-week high of GBX 143.30. The stock’s 50-day moving average is GBX 82.87 and its 200-day moving average is GBX 88.89. The company’s market cap is £264.9 million.
A number of other analysts have also recently weighed in on AIE. Analysts at Northland Securities reiterated a “buy” rating on shares of Anite plc in a research note on Monday, May 12th. They now have a GBX 120 ($2.02) price target on the stock. Separately, analysts at FinnCap reiterated a “buy” rating on shares of Anite plc in a research note on Monday, May 12th. They now have a GBX 100 ($1.68) price target on the stock. Finally, analysts at Panmure Gordon reiterated a “buy” rating on shares of Anite plc in a research note on Friday, May 9th. They now have a GBX 139 ($2.34) price target on the stock. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Anite plc has an average rating of “Buy” and an average price target of GBX 109.30 ($1.84).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.