Alent PLC Stock Rating Reaffirmed by Credit Suisse (ALNT)

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Alent PLC (LON:ALNT)‘s stock had its “outperform” rating reiterated by equities researchers at Credit Suisse in a research report issued on Monday. They currently have a GBX 390 ($6.56) target price on the stock. Credit Suisse’s price objective would indicate a potential upside of 29.01% from the stock’s previous close.

Shares of Alent PLC (LON:ALNT) opened at 311.20 on Monday. Alent PLC has a 1-year low of GBX 297.80 and a 1-year high of GBX 392.00. The stock’s 50-day moving average is GBX 316.7 and its 200-day moving average is GBX 326..

ALNT has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd upgraded shares of Alent PLC to an “add” rating in a research note on Monday. They now have a GBX 340 ($5.72) price target on the stock, up previously from GBX 330 ($5.55). Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Alent PLC in a research note on Wednesday, March 5th. They now have a GBX 320 ($5.38) price target on the stock. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Alent PLC has a consensus rating of “Hold” and an average price target of GBX 367.40 ($6.18).

Alent plc (LON:ALNT) is a supplier of advanced, consumable specialty chemicals and engineered materials used in the electronics, automotive and industrial end market segments.

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