Anite plc Given Buy Rating at Canaccord Genuity (AIE)
Anite plc (LON:AIE)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity in a research report issued on Monday. They currently have a GBX 106 ($1.80) price objective on the stock. Canaccord Genuity’s price objective points to a potential upside of 17.45% from the company’s current price.
Anite plc (LON:AIE) traded down 1.37% on Monday, hitting GBX 90.25. 121,967 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 135.10. The stock has a 50-day moving average of GBX 92.27 and a 200-day moving average of GBX 88.5. The company’s market cap is £257.6 million.
The company also recently declared a dividend, which is scheduled for Tuesday, October 28th. Investors 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at Northland Capital Partners reiterated a “buy” rating on shares of Anite plc in a research note on Tuesday, July 15th. 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 Tuesday, July 15th. They now have a GBX 120 ($2.04) price target on the stock. Finally, 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 ($1.78) price target on the stock. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Anite plc presently has an average rating of “Buy” and an average price target 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.