Beaufort Securities Reiterates Buy Rating for Telecom plus PLC (TEP)
Telecom plus PLC (LON:TEP) traded up 0.08% during mid-day trading on Wednesday, hitting GBX 1320.00. 243,792 shares of the company’s stock traded hands. Telecom plus PLC has a 52 week low of GBX 1115.804 and a 52 week high of GBX 1941.00. The stock’s 50-day moving average is GBX 1392.18 and its 200-day moving average is GBX 1648.. The company’s market cap is £1.050 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at FinnCap reiterated a “buy” rating on shares of Telecom plus PLC in a research note on Friday, July 11th. They now have a GBX 2,000 ($34.24) price target on the stock. Separately, analysts at Westhouse Securities upgraded shares of Telecom plus PLC to a “buy” rating in a research note on Friday, June 6th. They now have a GBX 1,950 ($33.38) price target on the stock.
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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