Airtel Africa (LON:AAF) Trading 0.2% Higher – Still a Buy?

Airtel Africa Plc (LON:AAFGet Free Report)’s share price rose 0.2% during mid-day trading on Thursday . The stock traded as high as GBX 328.20 and last traded at GBX 325.07. Approximately 7,628,169 shares traded hands during trading, a decline of 81% from the average session volume of 41,157,848 shares. The stock had previously closed at GBX 324.40.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 450 price objective on shares of Airtel Africa in a research note on Monday, June 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of GBX 450.

View Our Latest Stock Report on Airtel Africa

Airtel Africa Stock Up 0.1%

The company has a current ratio of 0.57, a quick ratio of 0.26 and a debt-to-equity ratio of 203.38. The stock’s 50-day simple moving average is GBX 338.99 and its 200-day simple moving average is GBX 346.60. The firm has a market capitalization of £11.87 billion, a P/E ratio of 17.55, a P/E/G ratio of 0.58 and a beta of 0.47.

Airtel Africa Company Profile

(Get Free Report)

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.

Further Reading

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