Shore Capital Group Reiterates Buy Rating for Gamma Communications (LON:GAMA)

Gamma Communications (LON:GAMA)‘s stock had its “buy” rating restated by analysts at Shore Capital Group in a research note issued on Wednesday, MarketBeat Ratings reports.

Other research analysts have also issued reports about the company. Berenberg Bank reissued a “buy” rating and issued a GBX 1,570 price objective on shares of Gamma Communications in a report on Tuesday. Citigroup decreased their target price on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating for the company in a report on Thursday, January 15th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,572.50.

Gamma Communications Trading Down 3.8%

LON:GAMA opened at GBX 718 on Wednesday. The company has a market capitalization of £657.77 million, a P/E ratio of 10.35, a PEG ratio of 2.79 and a beta of 0.65. The company has a current ratio of 1.40, a quick ratio of 2.45 and a debt-to-equity ratio of 4.64. Gamma Communications has a 12 month low of GBX 718 and a 12 month high of GBX 1,376. The firm has a fifty day simple moving average of GBX 881.48 and a 200-day simple moving average of GBX 929.99.

Gamma Communications (LON:GAMA) last released its earnings results on Tuesday, March 24th. The company reported GBX 69.50 earnings per share (EPS) for the quarter. Gamma Communications had a return on equity of 13.14% and a net margin of 10.01%. On average, equities research analysts anticipate that Gamma Communications will post 89.6398892 earnings per share for the current year.

About Gamma Communications

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.