Telecom plus PLC (TEP) Rating Reiterated by Peel Hunt
Telecom plus PLC (LON:TEP)‘s stock had its “buy” rating reissued by stock analysts at Peel Hunt in a research report issued to clients and investors on Monday. They currently have a GBX 1,300 ($16.06) target price on the stock. Peel Hunt’s target price points to a potential upside of 7.44% from the company’s previous close.
A number of other equities research analysts have also recently weighed in on the company. Berenberg Bank restated a “hold” rating and issued a GBX 1,000 ($12.35) price target on shares of Telecom plus PLC in a research note on Thursday, February 9th. JPMorgan Chase & Co. increased their price target on Telecom plus PLC from GBX 1,260 ($15.56) to GBX 1,290 ($15.93) and gave the company an “overweight” rating in a research note on Wednesday, November 23rd. FinnCap restated a “buy” rating and issued a GBX 1,230 ($15.19) price target on shares of Telecom plus PLC in a research note on Monday, November 21st. Finally, Macquarie increased their price target on Telecom plus PLC from GBX 1,300 ($16.06) to GBX 1,325 ($16.36) and gave the company an “outperform” rating in a research note on Tuesday, February 21st. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of GBX 1,199.17 ($14.81).
Telecom plus PLC (LON:TEP) traded up 1.00% during midday trading on Monday, reaching GBX 1210.00. 96,028 shares of the company’s stock were exchanged. The company has a 50 day moving average price of GBX 1,203.17 and a 200 day moving average price of GBX 1,178.37. The company’s market cap is GBX 968.29 million. Telecom plus PLC has a 12 month low of GBX 799.89 and a 12 month high of GBX 1,265.00.
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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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