Anite plc Rating Reiterated by Northland Securities (AIE)
Anite plc (LON:AIE)‘s stock had its “buy” rating restated by research analysts at Northland Securities in a report released on Tuesday. They currently have a GBX 120 ($2.05) target price on the stock. Northland Securities’ price target suggests a potential upside of 33.33% from the company’s current price.
Shares of Anite plc (LON:AIE) traded down 0.83% on Tuesday, hitting GBX 90.00. 299,138 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 137.00. The stock has a 50-day moving average of GBX 92.95 and a 200-day moving average of GBX 89.2. The company’s market cap is £256.9 million.
The company also recently declared a dividend, which is scheduled for Tuesday, October 28th. Shareholders 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.
A number of other analysts have also recently weighed in on AIE. Analysts at Barclays reiterated an “equal weight” rating on shares of Anite plc in a research note on Tuesday, July 8th. They now have a GBX 105 ($1.80) price target on the stock. Separately, 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. Finally, 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 ($1.81) price target on the stock. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 111.67 ($1.91).
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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