FinnCap Reiterates Buy Rating for Anite plc (AIE)
Anite plc (LON:AIE)‘s stock had its “buy” rating restated by investment analysts at FinnCap in a note issued to investors on Monday, Analyst Ratings.Net reports. They currently have a GBX 100 ($1.68) price target on the stock. FinnCap’s price objective points to a potential upside of 7.72% from the stock’s previous close.
Several other analysts have also recently commented on the stock. 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. Separately, analysts at Northland Capital Partners reiterated a “buy” rating on shares of Anite plc in a research note on Thursday, May 1st. They now have a GBX 120 ($2.02) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Anite plc in a research note on Friday, April 4th. They now have a GBX 105 ($1.77) price target on the stock. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 109.30 ($1.84).
Anite plc (LON:AIE) traded down 0.98% during mid-day trading on Monday, hitting GBX 92.83. The stock had a trading volume of 1,720,465 shares. Anite plc has a 52 week low of GBX 72.50 and a 52 week high of GBX 143.30. The stock has a 50-day moving average of GBX 82.87 and a 200-day moving average of GBX 88.89. The company’s market cap is £264.9 million.
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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