Telecom plus PLC (TEP) Given Average Rating of “Buy” by Brokerages
Telecom plus PLC (LON:TEP) has been given a consensus recommendation of “Buy” by the six ratings firms that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 1,322.50 ($17.93).
TEP has been the subject of several research reports. Peel Hunt reaffirmed an “add” rating and issued a GBX 1,360 ($18.44) target price on shares of Telecom plus in a research report on Wednesday, November 8th. FinnCap reaffirmed a “buy” rating and issued a GBX 1,390 ($18.85) target price on shares of Telecom plus in a research report on Thursday, November 9th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 1,350 ($18.31) target price on shares of Telecom plus in a research report on Wednesday, November 22nd. Finally, Royal Bank of Canada raised Telecom plus to an “outperform” rating and lifted their target price for the company from GBX 1,050 ($14.24) to GBX 1,400 ($18.99) in a research report on Monday, October 9th.
Telecom plus (LON:TEP) opened at GBX 1,200 ($16.27) on Wednesday. The firm has a market capitalization of $940.52 and a PE ratio of 3,076.92. Telecom plus has a 52-week low of GBX 1,035 ($14.04) and a 52-week high of GBX 1,342 ($18.20).
Telecom plus 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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