Telecom plus PLC Given Buy Rating at FinnCap (TEP)
Telecom plus PLC (LON:TEP)‘s stock had its “buy” rating reaffirmed by investment analysts at FinnCap in a note issued to investors on Wednesday. They currently have a GBX 2,000 ($33.64) price objective on the stock. FinnCap’s target price would suggest a potential upside of 31.15% from the company’s current price.
Shares of Telecom plus PLC (LON:TEP) traded up 11.31% on Wednesday, hitting GBX 1525.00. The stock had a trading volume of 300,555 shares. Telecom plus PLC has a 52 week low of GBX 1073.385 and a 52 week high of GBX 1941.00. The stock’s 50-day moving average is GBX 1591. and its 200-day moving average is GBX 1737.31. The company’s market cap is £1.071 billion.
The company also recently declared a dividend, which is scheduled for Friday, August 1st. Stockholders of record on Wednesday, July 16th will be given a dividend of GBX 19 ($0.32) per share. This represents a yield of 1.24%. The ex-dividend date of this dividend is Wednesday, July 16th.
Telecom Plus PLC provides a range of services to households and small- to medium-sized businesses. The Company is engaged in supply of fixed telephony, mobile telephony, gas, electricity and Internet services.
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