TeleCity Group Plc Rating Reiterated by Jefferies Group (TCY)
TeleCity Group Plc (LON:TCY)‘s stock had its “buy” rating reiterated by analysts at Jefferies Group in a research report issued to clients and investors on Thursday, American Banking and Market News reports. They currently have a GBX 1,020 ($16.74) price target on the stock. Jefferies Group’s price target points to a potential upside of 58.14% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America reiterated an “underperform” rating on shares of TeleCity Group Plc in a research note on Wednesday. They now have a GBX 650 ($10.66) price target on the stock. Separately, analysts at Killik & Co downgraded shares of TeleCity Group Plc to a “neutral” rating in a research note on Wednesday. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of TeleCity Group Plc in a research note on Wednesday. They now have a GBX 880 ($14.44) price target on the stock. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have issued a buy rating to the company. TeleCity Group Plc has an average rating of “Hold” and a consensus target price of GBX 910 ($14.93).
TeleCity Group Plc (LON:TCY) traded up 0.62% during mid-day trading on Thursday, hitting GBX 645.00. 1,193,183 shares of the company’s stock traded hands. TeleCity Group Plc has a one year low of GBX 632.50 and a one year high of GBX 1026.00. The stock has a 50-day moving average of GBX 735.6 and a 200-day moving average of GBX 769.2. The company’s market cap is £1.302 billion.
TeleCity Group plc (LON:TCY) is a provider of network-independent data centers providing colocation and related data centre services.
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