Airtel Africa (LON:AAF) Price Target Increased to GBX 155 by Analysts at Deutsche Bank Aktiengesellschaft

Airtel Africa (LON:AAF) had its price target increased by equities research analysts at Deutsche Bank Aktiengesellschaft from GBX 150 ($2.01) to GBX 155 ($2.08) in a report released on Monday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 30.58% from the stock’s current price.

Airtel Africa Price Performance

Shares of AAF opened at GBX 118.70 ($1.59) on Monday. Airtel Africa has a 52 week low of GBX 90.20 ($1.21) and a 52 week high of GBX 132.50 ($1.77). The company has a current ratio of 0.52, a quick ratio of 0.26 and a debt-to-equity ratio of 180.85. The firm has a market cap of £4.39 billion, a price-to-earnings ratio of -3,956.67, a PEG ratio of 0.58 and a beta of 1.04. The stock has a 50 day moving average of GBX 114.05 and a 200-day moving average of GBX 113.08.

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.