Airtel Africa’s (AAF) Buy Rating Reiterated at Deutsche Bank Aktiengesellschaft

Airtel Africa (LON:AAF)‘s stock had its “buy” rating reissued by Deutsche Bank Aktiengesellschaft in a report released on Monday,Digital Look reports. They presently have a GBX 450 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 28.72% from the stock’s current price.

Airtel Africa Trading Down 0.2%

Shares of AAF stock opened at GBX 349.60 on Monday. The company has a quick ratio of 0.26, a current ratio of 0.58 and a debt-to-equity ratio of 203.70. Airtel Africa has a fifty-two week low of GBX 168 and a fifty-two week high of GBX 436.20. The firm’s 50 day moving average price is GBX 354.97 and its two-hundred day moving average price is GBX 348.43. The stock has a market cap of £12.75 billion, a price-to-earnings ratio of 18.80, a price-to-earnings-growth ratio of 0.58 and a beta of 0.47.

Airtel Africa Company Profile

Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.
The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.