TeleCity Group Plc’s “Overweight” Rating Reaffirmed at Barclays (TCY)
TeleCity Group Plc (LON:TCY)‘s stock had its “overweight” rating restated by Barclays in a research note issued on Wednesday. They currently have a GBX 1,050 ($17.88) target price on the stock. Barclays’ price target would indicate a potential upside of 37.34% from the stock’s previous close.
TeleCity Group Plc (LON:TCY) traded up 0.07% during mid-day trading on Wednesday, hitting GBX 765.00. 251,665 shares of the company’s stock traded hands. TeleCity Group Plc has a one year low of GBX 625.00 and a one year high of GBX 1026.00. The stock has a 50-day moving average of GBX 734.4 and a 200-day moving average of GBX 705.4. The company’s market cap is £1.549 billion.
TCY has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “buy” rating on shares of TeleCity Group Plc in a research note on Tuesday, June 24th. They now have a GBX 925 ($15.76) 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 Friday, June 13th. They now have a GBX 600 ($10.22) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of TeleCity Group Plc in a research note on Friday, June 6th. They now have a GBX 880 ($14.99) price target on the stock. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. TeleCity Group Plc has an average rating of “Hold” and a consensus target price of GBX 861.54 ($14.67).
TeleCity Group plc (LON:TCY) is a provider of network-independent data centers providing colocation and related data centre services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.