TeleCity Group Plc Stock Rating Reaffirmed by JPMorgan Chase & Co. (TCY)
TeleCity Group Plc (LON:TCY)‘s stock had its “overweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a report released on Monday, Analyst Ratings Network.com reports. They currently have a GBX 900 ($15.12) price target on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 40.19% from the stock’s previous close.
Shares of TeleCity Group Plc (LON:TCY) opened at 631.50 on Monday. TeleCity Group Plc has a 52 week low of GBX 625.00 and a 52 week high of GBX 1026.00. The stock has a 50-day moving average of GBX 669.4 and a 200-day moving average of GBX 705.4. The company’s market cap is £1.279 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of TeleCity Group Plc in a research note on Wednesday, April 16th. They now have a GBX 1,050 ($17.64) price target on the stock. Separately, analysts at Liberum Capital reiterated a “sell” rating on shares of TeleCity Group Plc in a research note on Tuesday, March 11th. They now have a GBX 600 ($10.08) price target on the stock. Finally, analysts at Investec reiterated a “buy” rating on shares of TeleCity Group Plc in a research note on Thursday, March 6th. They now have a GBX 925 ($15.54) price target on the stock. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 895.94 ($15.05).
TeleCity Group plc (LON:TCY) is a provider of network-independent data centers providing colocation and related data centre services.
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