JPMorgan Chase & Co. Raises Network International (LON:NETW) Price Target to GBX 595

Network International (LON:NETW) had its target price hoisted by JPMorgan Chase & Co. from GBX 560 ($7.32) to GBX 595 ($7.77) in a research report report published on Thursday morning, ThisIsMoney.Co.Uk reports. They currently have a neutral rating on the stock.

NETW has been the subject of a number of other research reports. Berenberg Bank began coverage on Network International in a report on Monday, May 6th. They set a buy rating and a GBX 700 ($9.15) target price for the company. Barclays began coverage on Network International in a report on Friday, June 7th. They set an overweight rating and a GBX 585 ($7.64) target price for the company. Goldman Sachs Group began coverage on Network International in a report on Tuesday, May 21st. They set a buy rating and a GBX 650 ($8.49) target price for the company. Finally, Liberum Capital reaffirmed a buy rating and set a GBX 675 ($8.82) target price (up previously from GBX 650 ($8.49)) on shares of Network International in a report on Wednesday, August 14th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Network International has an average rating of Buy and a consensus target price of GBX 649 ($8.48).

Network International stock opened at GBX 573 ($7.49) on Thursday. 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 market capitalization of $2.82 billion and a P/E ratio of 0.01. The business’s 50-day moving average price is GBX 597.16.

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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