Aquantia Corp (NYSE:AQ) has been given a consensus recommendation of “Buy” by the eight analysts that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $14.38.
A number of research analysts have commented on AQ shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 target price on shares of Aquantia in a research report on Wednesday, February 13th. Barclays cut shares of Aquantia to an “equal weight” rating and decreased their target price for the company from $12.00 to $8.00 in a research report on Thursday, February 14th. Morgan Stanley cut shares of Aquantia to an “equal weight” rating in a research report on Wednesday, February 13th. ValuEngine raised shares of Aquantia from a “sell” rating to a “hold” rating in a research report on Thursday, March 14th. Finally, Raymond James cut shares of Aquantia from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 13th.
Shares of AQ stock traded up $0.02 on Wednesday, hitting $12.97. 1,788,952 shares of the stock traded hands, compared to its average volume of 540,498. The stock has a market cap of $460.11 million, a price-to-earnings ratio of -44.72 and a beta of 1.17. Aquantia has a twelve month low of $7.08 and a twelve month high of $14.00.
Aquantia Company Profile
Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, access, and automotive markets worldwide. Its products include corporate data center products; enterprise infrastructure products; and access products, such as client connectivity and carrier access.
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