Anite plc Receives Average Recommendation of “Buy” from Analysts (LON:AIE)
Shares of Anite plc (LON:AIE) have earned a consensus recommendation of “Buy” from the ten brokerages that are presently covering the company, AnalystRatingsNetwork.com reports. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 111.67 ($1.87).
Anite plc (LON:AIE) traded down 0.16% on Tuesday, hitting GBX 90.85. 93,836 shares of the company’s stock traded hands. Anite plc has a 1-year low of GBX 72.50 and a 1-year high of GBX 131.90. The stock’s 50-day moving average is GBX 91.24 and its 200-day moving average is GBX 87.90. The company’s market cap is £259.3 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 analysts have recently weighed in on AIE shares. Analysts at Jefferies Group reiterated a “buy” rating on shares of Anite plc in a research note on Friday, August 1st. They now have a GBX 110 ($1.85) price target on the stock. Separately, 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 ($1.78) price target on the stock. Finally, 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 ($2.01) price target on the stock.
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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