Investment analysts at StockNews.com started coverage on shares of Aviat Networks (NASDAQ:AVNW – Get Rating) in a note issued to investors on Thursday. The brokerage set a “buy” rating on the communications equipment provider’s stock.
Other equities analysts also recently issued research reports about the stock. JMP Securities reissued a “market outperform” rating and set a $50.00 price target on shares of Aviat Networks in a report on Monday, March 13th. B. Riley boosted their price target on shares of Aviat Networks from $57.00 to $58.00 and gave the company a “buy” rating in a report on Thursday, February 2nd. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, Aviat Networks currently has a consensus rating of “Buy” and a consensus target price of $57.67.
Aviat Networks Stock Performance
Shares of AVNW opened at $34.25 on Thursday. Aviat Networks has a 1 year low of $23.88 and a 1 year high of $39.80. The company has a market cap of $390.45 million, a price-to-earnings ratio of 29.53 and a beta of 1.67. The firm has a fifty day moving average of $34.10 and a 200-day moving average of $31.73.
Institutional Investors Weigh In On Aviat Networks
Aviat Networks Company Profile
Aviat Networks, Inc engages in the design, manufacture, and sale of wireless network products and solutions. Its product includes wireless transmission networking systems for microwave and millimeter wave networking applications such as microwave routers, microwave switches, and split mount RF unit. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services.
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