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

Airtel Africa (LON:AAF) had its price objective lifted by Deutsche Bank Aktiengesellschaft from GBX 150 ($2.01) to GBX 155 ($2.08) in a research note issued to investors on Monday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

Airtel Africa Stock Performance

Shares of Airtel Africa stock opened at GBX 117.80 ($1.58) on Monday. Airtel Africa has a 1 year low of GBX 90.20 ($1.21) and a 1 year high of GBX 132.50 ($1.77). The firm has a market cap of £4.35 billion, a PE ratio of -3,940.00, a PEG ratio of 0.58 and a beta of 1.04. 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 50 day simple moving average of GBX 114.02 and a two-hundred day simple moving average of GBX 113.11.

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.