Network International’s (NETW) “Buy” Rating Reaffirmed at Berenberg Bank

Network International (LON:NETWGet Rating)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a research note issued to investors on Thursday, Marketbeat Ratings reports. They currently have a GBX 450 ($5.74) price objective on the stock. Berenberg Bank’s target price points to a potential upside of 74.15% from the stock’s current price.

A number of other research firms have also recently issued reports on NETW. Barclays reiterated an “overweight” rating and issued a GBX 340 ($4.33) price objective on shares of Network International in a report on Wednesday, April 20th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Network International in a research report on Wednesday, April 6th. Morgan Stanley cut their price target on shares of Network International from GBX 460 ($5.86) to GBX 440 ($5.61) and set an “overweight” rating for the company in a research report on Friday, March 25th. Finally, Citigroup decreased their price objective on Network International from GBX 550 ($7.01) to GBX 505 ($6.44) and set a “buy” rating on the stock in a report on Monday, March 14th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 444.17 ($5.66).

NETW stock opened at GBX 258.40 ($3.29) on Thursday. The company has a current ratio of 1.29, a quick ratio of 1.12 and a debt-to-equity ratio of 82.87. Network International has a 12 month low of GBX 152.90 ($1.95) and a 12 month high of GBX 430 ($5.48). The firm has a market capitalization of £1.45 billion and a P/E ratio of 31.90. The firm has a 50 day moving average of GBX 239.52 and a 200-day moving average of GBX 272.14.

In other news, insider Diane Radley bought 15,000 shares of Network International stock in a transaction on Tuesday, March 15th. The shares were purchased at an average price of GBX 214 ($2.73) per share, for a total transaction of £32,100 ($40,912.57).

Network International Company Profile (Get Rating)

Network International Holdings plc operates as a digital commerce enabler in the Middle East and Africa. The company provides technology-enabled payment solutions to merchants and financial institutions. It offers merchant solutions comprise direct acquiring services that enable merchants to accept digital payments; acquirer processing services for bank customers on behalf of their merchants; payment acceptance solutions; merchant loyalty programs and management; and value-added services, including customer data analytics, dynamic currency conversion, and payment plans.

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Analyst Recommendations for Network International (LON:NETW)

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