Telecom plus PLC (LON:TEP) has received a consensus rating of “Buy” from the six ratings firms that are covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 1,322.50 ($17.80).

TEP has been the subject of a number of research analyst reports. Peel Hunt restated an “add” rating and set a GBX 1,360 ($18.30) price objective on shares of Telecom plus in a report on Monday, November 20th. Macquarie upped their price objective on Telecom plus from GBX 1,380 ($18.57) to GBX 1,435 ($19.31) and gave the stock an “outperform” rating in a report on Friday, September 8th. Royal Bank of Canada upgraded Telecom plus to an “outperform” rating and upped their price objective for the stock from GBX 1,050 ($14.13) to GBX 1,400 ($18.84) in a report on Monday, October 9th. FinnCap restated a “buy” rating and set a GBX 1,390 ($18.71) price objective on shares of Telecom plus in a report on Tuesday, November 21st. Finally, J P Morgan Chase & Co restated a “neutral” rating and set a GBX 1,350 ($18.17) price objective on shares of Telecom plus in a report on Wednesday, November 22nd.

Shares of Telecom plus (LON:TEP) opened at GBX 1,194 ($16.07) on Friday. The company has a market capitalization of $935.80 and a price-to-earnings ratio of 3,061.54. Telecom plus has a twelve month low of GBX 1,035 ($13.93) and a twelve month high of GBX 1,342 ($18.06).

The firm also recently declared a dividend, which was paid on Friday, December 15th. Investors of record on Thursday, November 30th were given a dividend of GBX 24 ($0.32) per share. The ex-dividend date was Thursday, November 30th. This represents a yield of 2.02%.

TRADEMARK VIOLATION NOTICE: This piece was first reported by American Banking News and is the property of of American Banking News. If you are viewing this piece on another site, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece can be read at https://www.americanbankingnews.com/2017/12/23/telecom-plus-plc-tep-given-consensus-rating-of-buy-by-brokerages.html.

About Telecom plus

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.

Analyst Recommendations for Telecom plus (LON:TEP)

Receive News & Ratings for Telecom plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telecom plus and related companies with MarketBeat.com's FREE daily email newsletter.