TeleCity Group Plc Price Target Increased to GBX 900 by Analysts at Citigroup Inc. (TCY)
Analysts at Citigroup Inc. upped their price objective on shares of TeleCity Group Plc (LON:TCY) from GBX 850 ($14.58) to GBX 900 ($15.44) in a research report issued to clients and investors on Tuesday. The firm currently has a “buy” rating on the stock. Citigroup Inc.’s price objective suggests a potential upside of 18.89% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “overweight” rating on shares of TeleCity Group Plc in a research note on Wednesday, July 2nd. They now have a GBX 1,050 ($18.01) price target on the stock. Separately, 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 ($15.87) price target on the stock. Finally, 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 ($10.29) price target on the stock. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company. TeleCity Group Plc presently has a consensus rating of “Hold” and a consensus target price of GBX 865.38 ($14.84).
TeleCity Group Plc (LON:TCY) traded down 0.66% during mid-day trading on Tuesday, hitting GBX 757.00. The stock had a trading volume of 438,296 shares. TeleCity Group Plc has a 1-year low of GBX 625.00 and a 1-year high of GBX 1010.00. The stock has a 50-day moving average of GBX 741.7 and a 200-day moving average of GBX 708.4. The company’s market cap is £1.533 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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