Alternative Networks Plc Receives Buy Rating from Investec (AN)
Alternative Networks Plc (LON:AN)‘s stock had its “buy” rating reaffirmed by equities research analysts at Investec in a research note issued to investors on Tuesday. They currently have a GBX 640 ($10.89) target price on the stock. Investec’s target price would indicate a potential upside of 29.82% from the company’s current price.
Alternative Networks Plc (LON:AN) traded down 1.89% on Tuesday, hitting GBX 493.00. The stock had a trading volume of 8,653 shares. Alternative Networks Plc has a 1-year low of GBX 285.88 and a 1-year high of GBX 600.00. The stock has a 50-day moving average of GBX 474. and a 200-day moving average of GBX 478.3.
A number of other firms have also recently commented on AN. Analysts at FinnCap reiterated a “corporate” rating on shares of Alternative Networks Plc in a research note on Wednesday, June 4th. They now have a GBX 605 ($10.30) price target on the stock. Separately, analysts at Westhouse Securities upgraded shares of Alternative Networks Plc to a “buy” rating in a research note on Wednesday, May 28th. They now have a GBX 540 ($9.19) price target on the stock.
Alternative Networks plc is a United Kingdom-based company is a provider of communications products and services.
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