Anite plc Rating Reiterated by Barclays (AIE)
Anite plc (LON:AIE)‘s stock had its “equal weight” rating restated by research analysts at Barclays in a report released on Tuesday. They currently have a GBX 105 ($1.80) price target on the stock. Barclays’ target price would indicate a potential upside of 15.38% from the stock’s previous close.
Shares of Anite plc (LON:AIE) traded down 2.67% during mid-day trading on Tuesday, hitting GBX 91.00. 639,149 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 141.00. The stock has a 50-day moving average of GBX 93.04 and a 200-day moving average of GBX 89.58. The company’s market cap is £259.7 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.
AIE has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Anite plc in a research note on Thursday, July 3rd. They now have a GBX 90 ($1.54) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Anite plc in a research note on Wednesday, July 2nd. They now have a GBX 106 ($1.82) price target on the stock. Finally, analysts at Investec reiterated a “hold” rating on shares of Anite plc in a research note on Wednesday, July 2nd. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 111.67 ($1.92).
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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