Equities research analysts at StockNews.com assumed coverage on shares of Aviat Networks (NASDAQ:AVNW – Get Rating) in a report released on Thursday. The brokerage set a “buy” rating on the communications equipment provider’s stock.
AVNW has been the topic of several other research reports. B. Riley lifted their target price on Aviat Networks from $57.00 to $58.00 and gave the company a “buy” rating in a research note on Thursday, February 2nd. JMP Securities reissued a “market outperform” rating and issued a $50.00 price target on shares of Aviat Networks in a research note on Monday, March 13th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $57.67.
Aviat Networks Price Performance
NASDAQ:AVNW opened at $34.25 on Thursday. Aviat Networks has a fifty-two week low of $23.88 and a fifty-two week high of $39.80. The stock’s 50-day moving average is $34.10 and its two-hundred day moving average is $31.73. The stock has a market cap of $390.45 million, a PE ratio of 29.53 and a beta of 1.67.
Institutional Investors Weigh In On Aviat Networks
Aviat Networks Company Profile
Aviat Networks, Inc engages in the design, manufacture, and sale of wireless network products and solutions. Its product includes wireless transmission networking systems for microwave and millimeter wave networking applications such as microwave routers, microwave switches, and split mount RF unit. It also offers services such as network planning and design, site surveys and construction, systems integration, installation, maintenance, network monitoring, training, and customer services.
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