Network International (LON:NETW)‘s stock had its “buy” rating reaffirmed by equities research analysts at Liberum Capital in a research report issued on Wednesday, ThisIsMoney.Co.Uk reports. They currently have a GBX 675 ($8.82) price objective on the stock, up from their prior price objective of GBX 650 ($8.49). Liberum Capital’s price objective would indicate a potential upside of 19.68% from the stock’s previous close.
A number of other equities analysts have also weighed in on NETW. Barclays began coverage on Network International in a research note on Friday, June 7th. They issued an “overweight” rating and a GBX 585 ($7.64) target price on the stock. Berenberg Bank began coverage on Network International in a research note on Monday, May 6th. They issued a “buy” rating and a GBX 700 ($9.15) target price on the stock. Finally, Goldman Sachs Group began coverage on Network International in a research note on Tuesday, May 21st. They issued a “buy” rating and a GBX 650 ($8.49) target price on the stock. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 649 ($8.48).
Shares of LON NETW opened at GBX 564 ($7.37) on Wednesday. The company has a market cap of $2.82 billion and a price-to-earnings ratio of 0.01. The business has a 50-day simple moving average of GBX 597.22. Network International has a twelve month low of GBX 490.50 ($6.41) and a twelve month high of GBX 630 ($8.23).
Network International Holdings plc operates as a digital commerce enabler in the Middle East and Africa region. The company provides technology-enabled payments solutions to merchants and financial institutions. It offers issuer solutions, including card solutions, processing and card management solutions, and issuer solutions value added services; and merchant solutions comprising payment acceptance solutions, direct acquiring and acquirer processing solutions, and a range of value added services.
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