Telecom plus PLC Upgraded by Westhouse Securities to “Buy” (TEP)
Telecom plus PLC (LON:TEP) was upgraded by Westhouse Securities to a “buy” rating in a research note issued on Friday. The firm currently has a GBX 1,950 ($32.69) price objective on the stock. Westhouse Securities’ price objective suggests a potential upside of 30.78% from the company’s current price.
Shares of Telecom plus PLC (LON:TEP) opened at 1504.40 on Friday. 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 1531. and its 200-day moving average is GBX 1733.. The company’s market cap is £1.133 billion.
The company also recently declared a dividend, which is scheduled for Friday, August 1st. Shareholders 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.
A number of other analysts have also recently weighed in on TEP. Analysts at FinnCap reiterated a “buy” rating on shares of Telecom plus PLC in a research note on Friday.
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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