Alternative Networks Plc Rating Increased to Buy at Westhouse Securities (AN)
Alternative Networks Plc (LON:AN) was upgraded by investment analysts at Westhouse Securities to a “buy” rating in a note issued to investors on Wednesday. The firm currently has a GBX 540 ($9.09) price target on the stock. Westhouse Securities’ price target would indicate a potential upside of 18.16% from the company’s current price.
Shares of Alternative Networks Plc (LON:AN) traded up 0.66% during mid-day trading on Wednesday, hitting GBX 456.0075. 8,350 shares of the company’s stock traded hands. Alternative Networks Plc has a 52 week low of GBX 285.88 and a 52 week high of GBX 600.00. The stock has a 50-day moving average of GBX 461.9 and a 200-day moving average of GBX 464.5.
Other equities research analysts have also recently issued reports about the stock. Analysts at FinnCap reiterated a “corporate” rating on shares of Alternative Networks Plc in a research note on Thursday, April 24th. They now have a GBX 605 ($10.18) price target on the stock. Separately, analysts at Investec reiterated a “buy” rating on shares of Alternative Networks Plc in a research note on Thursday, April 10th. They now have a GBX 640 ($10.77) price target on the stock. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of GBX 516.25 ($8.69).
Alternative Networks plc is a United Kingdom-based company is a provider of communications products and services.
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