Shore Capital Reaffirms Buy Rating for AdvancedAdvT (LON:ADVT)

AdvancedAdvT (LON:ADVT)‘s stock had its “buy” rating reiterated by Shore Capital in a note issued to investors on Thursday, MarketBeat reports. They presently have a GBX 240 price target on the stock. Shore Capital’s price objective would indicate a potential upside of 26.32% from the company’s current price.

AdvancedAdvT Price Performance

LON ADVT opened at GBX 190 on Thursday. The firm has a market cap of £259.21 million, a PE ratio of 2,375.00 and a beta of 0.52. AdvancedAdvT has a one year low of GBX 120.25 and a one year high of GBX 215. The stock’s 50 day simple moving average is GBX 194.10 and its 200 day simple moving average is GBX 172.23.

AdvancedAdvT Company Profile

AdvancedAdvT Limited does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share or debt purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Marwyn Acquisition Company I Limited and changed its name to AdvancedAdvT Limited in March 2021.