Brokerages Set Network International Holdings plc (LON:NETW) Price Target at GBX 482.29

Shares of Network International Holdings plc (LON:NETW) have earned a consensus rating of “Buy” from the nine ratings firms that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 482.29 ($6.30).

Several equities research analysts have weighed in on NETW shares. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 396 ($5.17) target price on shares of Network International in a research note on Tuesday, March 9th. Berenberg Bank restated a “buy” rating and set a GBX 540 ($7.06) target price on shares of Network International in a research note on Tuesday, March 9th. Finally, Barclays restated an “overweight” rating and set a GBX 410 ($5.36) target price on shares of Network International in a research note on Tuesday, March 9th.

Shares of NETW stock traded down GBX 12.60 ($0.16) during trading on Friday, hitting GBX 435 ($5.68). The company had a trading volume of 461,689 shares, compared to its average volume of 1,257,152. 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 market capitalization of £2.39 billion and a P/E ratio of 362.50. The stock’s 50-day moving average price is GBX 404.61 and its 200 day moving average price is GBX 323.66. Network International has a one year low of GBX 178.10 ($2.33) and a one year high of GBX 503 ($6.57).

About Network International

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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Analyst Recommendations for Network International (LON:NETW)

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