TeleCity Group Plc Given Consensus Rating of “Hold” by Analysts (LON:TCY)
Shares of TeleCity Group Plc (LON:TCY) have been given an average rating of “Hold” by the thirteen brokerages that are covering the stock, Analyst Ratings Network.com reports. Three research analysts have rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 880.42 ($14.77).
TCY has been the subject of a number of recent research reports. Analysts at HSBC reiterated an “overweight” rating on shares of TeleCity Group Plc in a research note on Wednesday, August 6th. They now have a GBX 920 ($15.43) price target on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of TeleCity Group Plc to a “hold” rating in a research note on Tuesday, August 5th. They now have a GBX 860 ($14.43) price target on the stock, down previously from GBX 880 ($14.76). Finally, analysts at Investec reiterated a “buy” rating on shares of TeleCity Group Plc in a research note on Monday, August 4th. They now have a GBX 925 ($15.52) price target on the stock.
TeleCity Group Plc (LON:TCY) opened at 749.1384 on Friday. TeleCity Group Plc has a 1-year low of GBX 625.00 and a 1-year high of GBX 885.9999. The stock’s 50-day moving average is GBX 766.1 and its 200-day moving average is GBX 712.9. The company’s market cap is £1.518 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 19th. Investors of record on Wednesday, August 13th will be given a dividend of GBX 4.50 ($0.08) per share. This represents a yield of 0.59%. The ex-dividend date of this dividend is Wednesday, August 13th.
TeleCity Group plc (LON:TCY) is a provider of network-independent data centers providing colocation and related data centre services.
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