Alent PLC Stock Rating Upgraded by Numis Securities Ltd (ALNT)
Alent PLC (LON:ALNT) was upgraded by research analysts at Numis Securities Ltd to an “add” rating in a report released on Monday. The firm currently has a GBX 340 ($5.72) price target on the stock, up from their previous price target of GBX 330 ($5.55). Numis Securities Ltd’s price objective would indicate a potential upside of 12.47% from the stock’s previous close.
A number of other analysts have also recently weighed in on ALNT. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Alent PLC in a research note on Wednesday, March 5th. They now have a GBX 320 ($5.38) price target on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Alent PLC in a research note on Tuesday, March 4th. They now have a GBX 400 ($6.73) price target on the stock. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of GBX 369.40 ($6.21).
Shares of Alent PLC (LON:ALNT) opened at 313.80 on Monday. Alent PLC has a 1-year low of GBX 297.80 and a 1-year high of GBX 392.00. The stock has a 50-day moving average of GBX 316.7 and a 200-day moving average of GBX 326..
Alent plc (LON:ALNT) is a supplier of advanced, consumable specialty chemicals and engineered materials used in the electronics, automotive and industrial end market segments.
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