Network International (LON:NETW) Rating Reiterated by Barclays

Barclays reissued their overweight rating on shares of Network International (LON:NETW – Get Rating) in a research report report published on Thursday morning, Marketbeat Ratings reports. They currently have a GBX 355 ($4.38) target price on the stock.

Other equities analysts also recently issued research reports about the company. Berenberg Bank reaffirmed a buy rating and issued a GBX 450 ($5.55) price objective on shares of Network International in a research report on Thursday, April 28th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Network International in a research report on Wednesday, April 6th. Citigroup cut their price objective on Network International from GBX 550 ($6.78) to GBX 505 ($6.23) and set a buy rating on the stock in a research report on Monday, March 14th. Finally, Morgan Stanley reissued an overweight rating on shares of Network International in a research report on Wednesday, May 11th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of Buy and an average target price of GBX 446.67 ($5.51).

LON NETW opened at GBX 219.20 ($2.70) on Thursday. The business’s 50 day moving average price is GBX 247.86 and its 200-day moving average price is GBX 259.72. The company has a market cap of £1.23 billion and a P/E ratio of 26.10. The company has a debt-to-equity ratio of 82.87, a quick ratio of 1.12 and a current ratio of 1.29. Network International has a fifty-two week low of GBX 152.90 ($1.88) and a fifty-two week high of GBX 415.10 ($5.12).

In related news, insider Diane Radley acquired 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 15th. The stock was purchased at an average cost of GBX 214 ($2.64) per share, for a total transaction of £32,100 ($39,571.01).

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, which include payment solutions, such as N-Genius payment device, N-Genius mini payment device, and On-the-Go payment device; retail integrated and hospitality solutions; and N-Genius online, buy now pay later, and DPO pay online payment solutions.

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