Anite plc Given “Buy” Rating at Jefferies Group (AIE)
Anite plc (LON:AIE)‘s stock had its “buy” rating reaffirmed by Jefferies Group in a research note issued on Friday. They currently have a GBX 110 ($1.87) target price on the stock. Jefferies Group’s target price would suggest a potential upside of 22.22% from the company’s current price.
A number of other firms have also recently commented on AIE. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Anite plc in a research note on Monday, July 28th. They now have a GBX 106 ($1.80) price target on the stock. Separately, 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. Finally, 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. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 111.67 ($1.90).
Shares of Anite plc (LON:AIE) traded up 0.28% on Friday, hitting GBX 90.00. The stock had a trading volume of 310,975 shares. Anite plc has a one year low of GBX 72.50 and a one year high of GBX 135.821. The stock has a 50-day moving average of GBX 91.85 and a 200-day moving average of GBX 88.4. 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.
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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