Aquantia Corp (NYSE:AQ) has earned a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $14.38.
Several equities research analysts recently weighed in on the company. Dougherty & Co started coverage on Aquantia in a report on Tuesday, November 20th. They issued a “buy” rating and a $18.00 target price for the company. ValuEngine lowered Aquantia from a “hold” rating to a “sell” rating in a report on Monday, February 4th. Barclays lowered Aquantia to an “equal weight” rating and cut their price target for the stock from $12.00 to $8.00 in a report on Thursday, February 14th. Raymond James lowered Aquantia from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 13th. Finally, Morgan Stanley lowered Aquantia to an “equal weight” rating in a report on Wednesday, February 13th.
AQ opened at $7.99 on Tuesday. Aquantia has a twelve month low of $7.08 and a twelve month high of $18.49. The company has a market capitalization of $286.32 million, a P/E ratio of -27.55 and a beta of 1.08.
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, and access markets worldwide. Its products include corporate and cloud data center products; enterprise infrastructure products; and access products, such as client connectivity and carrier access.
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