Telit Communications Plc Given Buy Rating at Canaccord Genuity (TCM)
Telit Communications Plc (LON:TCM)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity in a note issued to investors on Thursday. They currently have a GBX 305 ($5.05) target price on the stock. Canaccord Genuity’s price target would indicate a potential upside of 18.22% from the stock’s previous close.
Telit Communications Plc (LON:TCM) opened at 250.00 on Thursday. Telit Communications Plc has a 52 week low of GBX 167.00 and a 52 week high of GBX 263.00. The stock has a 50-day moving average of GBX 228.4 and a 200-day moving average of GBX 216.2.
Telit Communications Plc (LON:TCM) is a global wireless technology company.
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