Network International Holdings plc (LON:NETW) has earned an average recommendation of “Buy” from the nine research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 482.29 ($6.30).
NETW has been the subject of several research reports. Berenberg Bank reaffirmed a “buy” rating and set a GBX 540 ($7.06) price target on shares of Network International in a research report on Tuesday, March 9th. Barclays reaffirmed an “overweight” rating and set a GBX 410 ($5.36) price target on shares of Network International in a research report on Tuesday, March 9th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 396 ($5.17) price target on shares of Network International in a research report on Tuesday, March 9th.
Shares of LON NETW traded up GBX 3.60 ($0.05) during midday trading on Friday, hitting GBX 447.60 ($5.85). 907,539 shares of the company’s stock traded hands, compared to its average volume of 1,268,993. Network International has a 1 year low of GBX 178.10 ($2.33) and a 1 year high of GBX 503 ($6.57). The stock has a market capitalization of £2.46 billion and a price-to-earnings ratio of 371.67. The company has a debt-to-equity ratio of 87.25, a quick ratio of 1.76 and a current ratio of 1.91. The firm has a fifty day moving average of GBX 401.46 and a 200 day moving average of GBX 321.71.
Network International Holdings plc operates as a digital commerce enabler in the Middle East and Africa. The company provides technology-enabled payments solutions to merchants and financial institutions. It offers issuer solutions, including customer onboarding, card issuing, core processing, scheme and settlement reconciliation, and chargeback and dispute management service; and merchant solutions comprising payment acceptance products and solutions to merchants through direct merchant acquiring and acquirer processing solutions.
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