Numis Securities Ltd Reiterates Hold Rating for Anite plc (AIE)
Anite plc (LON:AIE)‘s stock had its “hold” rating reaffirmed by research analysts at Numis Securities Ltd in a report released on Thursday. They currently have a GBX 90 ($1.53) price objective on the stock. Numis Securities Ltd’s target price would suggest a potential downside of 2.70% from the company’s current price.
Shares of Anite plc (LON:AIE) opened at 92.25 on Thursday. Anite plc has a 52-week low of GBX 72.50 and a 52-week high of GBX 141.80. The stock has a 50-day moving average of GBX 93.21 and a 200-day moving average of GBX 89.66. The company’s market cap is £263.2 million.
The company also recently declared a dividend, which is scheduled for Tuesday, October 28th. Stockholders of record on Wednesday, October 1st will be given a dividend of GBX 1.27 ($0.02) per share. This represents a yield of 1.36%. The ex-dividend date of this dividend is Wednesday, October 1st.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Anite plc in a research note on Wednesday. They now have a GBX 106 ($1.81) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of Anite plc in a research note on Wednesday. Finally, analysts at FinnCap reiterated a “buy” rating on shares of Anite plc in a research note on Wednesday. They now have a GBX 100 ($1.70) price target on the stock. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 111.67 ($1.90).
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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