Airtel Africa (LON:AAF) PT Raised to GBX 155

Airtel Africa (LON:AAF) had its price objective hoisted by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 150 ($2.01) to GBX 155 ($2.08) in a report issued on Monday, MarketBeat reports. The brokerage presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 30.58% from the stock’s current price.

Airtel Africa Stock Up 0.2 %

Shares of LON AAF opened at GBX 118.70 ($1.59) on Monday. The business has a 50-day moving average of GBX 114.05 and a two-hundred day moving average of GBX 113.08. The company has a debt-to-equity ratio of 180.85, a current ratio of 0.52 and a quick ratio of 0.26. The company has a market capitalization of £4.39 billion, a price-to-earnings ratio of -3,956.67, a price-to-earnings-growth ratio of 0.58 and a beta of 1.04. Airtel Africa has a 1 year low of GBX 90.20 ($1.21) and a 1 year high of GBX 132.50 ($1.77).

Airtel Africa Company Profile

Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers.