Network International (LON:NETW) had its price target lowered by Liberum Capital from GBX 675 ($8.82) to GBX 645 ($8.43) in a research note published on Friday, ThisIsMoney.Co.Uk reports. Liberum Capital currently has a buy rating on the stock.
Other analysts also recently issued research reports about the stock. Barclays increased their price objective on shares of Network International from GBX 585 ($7.64) to GBX 625 ($8.17) and gave the company an overweight rating in a research report on Friday, August 16th. JPMorgan Chase & Co. raised their price target on shares of Network International from GBX 560 ($7.32) to GBX 595 ($7.77) and gave the stock a neutral rating in a research report on Thursday, August 15th. Finally, Berenberg Bank reissued a buy rating and set a GBX 700 ($9.15) price target on shares of Network International in a research report on Wednesday, August 14th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of GBX 643 ($8.40).
Shares of LON:NETW opened at GBX 548 ($7.16) on Friday. The company has a debt-to-equity ratio of 204.02, a current ratio of 0.89 and a quick ratio of 0.71. Network International has a 52-week low of GBX 490.50 ($6.41) and a 52-week high of GBX 630 ($8.23). The firm has a 50 day moving average price of GBX 555.94. The firm has a market capitalization of $2.74 billion and a P/E ratio of 0.31.
About Network International
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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