Anite plc Receives Consensus Recommendation of “Buy” from Brokerages (LON:AIE)
Anite plc (LON:AIE) has earned a consensus rating of “Buy” from the ten ratings firms that are currently covering the company, American Banking and Market News reports. Three research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 109.30 ($1.84).
AIE has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Anite plc in a research note on Monday, May 12th. They now have a GBX 106 ($1.78) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Anite plc in a research note on Monday, May 12th. They now have a GBX 90 ($1.51) price target on the stock. Finally, analysts at Northland Capital Partners 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.
Anite plc (LON:AIE) traded up 0.54% on Thursday, hitting GBX 92.25. 28,039 shares of the company’s stock traded hands. 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 83.75 and a 200-day moving average of GBX 88.91. The company’s market cap is £263.2 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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