Telit Communications Plc PT Raised to GBX 204 (TCM)
Canaccord Genuity raised their price target on shares of Telit Communications Plc (LON:TCM) from GBX 117 ($1.88) to GBX 204 ($3.27) in a research note issued on Thursday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity’s price target points to a potential upside of 86.30% from the company’s current price.
Telit Communications Plc (LON:TCM) opened at 112.25 on Thursday. Telit Communications Plc has a 1-year low of GBX 53.00 and a 1-year high of GBX 88.45. The stock has a 50-day moving average of GBX 86.31 and a 200-day moving average of GBX 81.62.
Telit Communications Plc (LON:TCM) is a global wireless technology company.
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