Anite plc Given Average Recommendation of “Buy” by Analysts (LON:AIE)
Shares of Anite plc (LON:AIE) have been given an average rating of “Buy” by the ten brokerages that are presently covering the stock, AnalystRatingsNetwork.com reports. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 109.30 ($1.86).
Anite plc (LON:AIE) traded up 1.07% on Monday, hitting GBX 94.75. 182,199 shares of the company’s stock traded hands. Anite plc has a 1-year low of GBX 72.50 and a 1-year high of GBX 143.30. The stock’s 50-day moving average is GBX 92.57 and its 200-day moving average is GBX 89.72. The company’s market cap is £270.3 million.
A number of analysts have recently weighed in on AIE shares. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Anite plc in a research note on Friday. They now have a GBX 120 ($2.04) price target on the stock. Separately, analysts at Northland Securities reiterated a “buy” rating on shares of Anite plc in a research note on Friday. They now have a GBX 120 ($2.04) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Anite plc in a research note on Monday, June 23rd. They now have a GBX 106 ($1.81) price target on the stock.
Anite plc (LON:AIE) is a worldwide provider of hardware and software solutions, systems integration and managed services within its core markets of Wireless.
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