Network International (LON:NETW) Stock Price Up 2.1%

Network International Holdings plc (LON:NETW)’s share price rose 2.1% during mid-day trading on Friday . The company traded as high as GBX 631 ($8.30) and last traded at GBX 631 ($8.30), approximately 538,238 shares were traded during trading. The stock had previously closed at GBX 618 ($8.13).

NETW has been the topic of a number of recent analyst reports. Goldman Sachs Group upped their price target on shares of Network International from GBX 665 ($8.75) to GBX 790 ($10.39) and gave the company a “buy” rating in a research note on Friday, January 24th. Barclays increased their price objective on shares of Network International from GBX 625 ($8.22) to GBX 640 ($8.42) and gave the stock an “overweight” rating in a research note on Wednesday, January 15th. Finally, Liberum Capital reiterated a “buy” rating on shares of Network International in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Network International has an average rating of “Buy” and an average price target of GBX 674 ($8.87).

The stock has a market cap of $3.16 billion and a price-to-earnings ratio of 0.36. The stock’s 50 day moving average price is GBX 604.10 and its two-hundred day moving average price is GBX 575.62. The company has a quick ratio of 0.71, a current ratio of 0.89 and a debt-to-equity ratio of 204.02.

About Network International (LON:NETW)

Network International Holdings plc operates as a digital commerce enabler in the Middle East and Africa region. The company provides technology-enabled payments solutions to merchants and financial institutions. It offers issuer solutions, including card solutions, processing and card management solutions, and issuer solutions value added services; and merchant solutions comprising payment acceptance solutions, direct acquiring and acquirer processing solutions, and a range of value added services.

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