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Stock analysts at Goldman Sachs hoisted their price target on shares of TeleCity Group Plc (LON:TCY) from GBX 945 ($16.05) to GBX 1,045 ($17.74) in a report issued on Wednesday. The firm currently has a “buy” rating on the stock. Goldman Sachs’ target price would suggest a potential upside of 32.11% from the stock’s previous close.

Shares of TeleCity Group Plc (LON:TCY) opened at 791.00 on Wednesday. TeleCity Group Plc has a one year low of GBX 625.00 and a one year high of GBX 889.00. The stock has a 50-day moving average of GBX 767.2 and a 200-day moving average of GBX 714.7. The company’s market cap is £1.602 billion.

TCY has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of TeleCity Group Plc in a research note on Tuesday, July 15th. They now have a GBX 1,020 ($17.32) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of TeleCity Group Plc in a research note on Thursday, July 10th. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of TeleCity Group Plc in a research note on Thursday, July 10th. They now have a GBX 900 ($15.28) price target on the stock. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of GBX 865 ($14.69).

TeleCity Group plc (LON:TCY) is a provider of network-independent data centers providing colocation and related data centre services.

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