Anite plc Receives Average Rating of “Buy” from Analysts (LON:AIE)
Anite plc (LON:AIE) has been given an average rating of “Buy” by the ten ratings firms that are covering the stock, Stock Ratings Network reports. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 111.67 ($1.87).
Several analysts have recently commented on the stock. 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.
Shares of Anite plc (LON:AIE) opened at 95.00 on Tuesday. Anite plc has a one year low of GBX 72.50 and a one year high of GBX 129.40. The stock’s 50-day moving average is GBX 91.31 and its 200-day moving average is GBX 87.99. The company’s market cap is £271.3 million.
The company also recently announced a dividend, which is scheduled for Tuesday, October 28th. Investors of record on Wednesday, October 1st will be paid a dividend of GBX 1.27 ($0.02) per share. This represents a dividend yield of 1.36%. The ex-dividend date 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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