Aquantia Corp (AQ) Receives Average Rating of “Buy” from Analysts

Shares of Aquantia Corp (NYSE:AQ) have been given an average recommendation of “Buy” by the eight ratings firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $14.90.

A number of equities research analysts recently issued reports on the company. Northland Securities assumed coverage on Aquantia in a research report on Wednesday, July 18th. They set an “outperform” rating and a $16.50 price target on the stock. Barclays reduced their price target on Aquantia from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Friday, October 26th. Finally, BWS Financial reissued a “buy” rating on shares of Aquantia in a research report on Monday, October 15th.

Aquantia stock opened at $10.16 on Wednesday. Aquantia has a 12 month low of $7.08 and a 12 month high of $18.49. The company has a market capitalization of $347.06 million and a PE ratio of -21.17.

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, 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.

Read More: Stock Symbols and CUSIP Explained

Analyst Recommendations for Aquantia (NYSE:AQ)

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