Telecom plus PLC (TEP) Price Target Raised to GBX 1,225
Telecom plus PLC (LON:TEP) had its price target hoisted by Peel Hunt from GBX 1,150 ($14.02) to GBX 1,225 ($14.93) in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock. Peel Hunt’s price target suggests a potential upside of 4.34% from the stock’s current price.
Several other analysts also recently weighed in on the company. Royal Bank Of Canada upgraded Telecom plus PLC to a “sector perform” rating and upped their price target for the stock from GBX 850 ($10.36) to GBX 1,050 ($12.80) in a research note on Friday, July 1st. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,260 ($15.36) price target on shares of Telecom plus PLC in a research note on Friday, July 8th. Finally, FinnCap restated a “buy” rating and issued a GBX 1,230 ($14.99) price target on shares of Telecom plus PLC in a research note on Monday, August 15th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 1,153 ($14.05).
Shares of Telecom plus PLC (LON:TEP) opened at 1174.00 on Wednesday. The stock’s market capitalization is GBX 939.24 million. The firm has a 50-day moving average price of GBX 1,100.03 and a 200-day moving average price of GBX 1,019.24. Telecom plus PLC has a 52-week low of GBX 799.89 and a 52-week high of GBX 1,175.00.
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About Telecom plus PLC
Telecom Plus PLC is engaged in providing landline telephony (calls and line rental), broadband, mobile, gas, electricity and CashBack card services. The Company’s segments include Customer Acquisition and Customer Management. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers.
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