Telecom plus PLC (TEP) Given Consensus Recommendation of “Buy” by Analysts
Telecom plus PLC (LON:TEP) has earned an average rating of “Buy” from the six brokerages that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is GBX 1,322.50 ($17.45).
A number of equities analysts have recently issued reports on the company. Peel Hunt reissued an “add” rating and issued a GBX 1,360 ($17.95) target price on shares of Telecom plus PLC in a report on Thursday, August 24th. Royal Bank Of Canada raised Telecom plus PLC to an “outperform” rating and increased their target price for the stock from GBX 1,050 ($13.86) to GBX 1,400 ($18.47) in a report on Monday, October 9th. Finally, Macquarie increased their target price on Telecom plus PLC from GBX 1,380 ($18.21) to GBX 1,435 ($18.94) and gave the stock an “outperform” rating in a report on Friday, September 8th.
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Telecom plus PLC Company Profile
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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