Separately, Jefferies Group reissued a buy rating and issued a GBX 285 ($3.72) target price on shares of Avanti Communications Group PLC in a report on Friday, July 8th.
Shares of Avanti Communications Group PLC (LON:AVN) opened at 27.75 on Monday. Avanti Communications Group PLC has a one year low of GBX 19.00 and a one year high of GBX 263.50. The company has a 50-day moving average of GBX 37.35 and a 200 day moving average of GBX 64.94. The stock’s market capitalization is GBX 38.57 million.
About Avanti Communications Group PLC
Avanti Communications Group plc is a United Kingdom-based company, which is engaged in the provision of satellite communication services. The Company offers services in Europe, the Middle East and Africa (EMEA) regions through Ka-band satellites. It sells satellite data communications services to telecoms companies, which use them to supply enterprise, institutional and consumer users.
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