Airtel Africa Plc (LON:AAF – Get Free Report)’s stock price rose 2.2% during mid-day trading on Wednesday . The stock traded as high as GBX 116.80 ($1.53) and last traded at GBX 116.50 ($1.52). Approximately 4,012,803 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 3,433,579 shares. The stock had previously closed at GBX 114 ($1.49).
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft boosted their target price on Airtel Africa from GBX 150 ($1.96) to GBX 155 ($2.02) and gave the stock a “buy” rating in a report on Monday, September 23rd.
Get Our Latest Research Report on AAF
Airtel Africa Stock Up 2.2 %
About Airtel Africa
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.
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