TeleCity Group Plc Price Target Increased to GBX 1,045 by Analysts at Goldman Sachs (TCY)
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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