Gamma Communications (LON:GAMA) Rating Reiterated by Peel Hunt
Peel Hunt reissued their add rating on shares of Gamma Communications (LON:GAMA) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also weighed in on the stock. Barclays raised their target price on shares of Gamma Communications from GBX 1,100 ($14.37) to GBX 1,150 ($15.03) and gave the company an overweight rating in a report on Thursday, July 11th. Jefferies Financial Group raised their target price on shares of Gamma Communications from GBX 1,130 ($14.77) to GBX 1,270 ($16.59) and gave the company a buy rating in a report on Monday, August 12th. Finally, Numis Securities reissued an add rating on shares of Gamma Communications in a report on Thursday, May 16th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Gamma Communications currently has an average rating of Hold and a consensus price target of GBX 1,065 ($13.92).
GAMA stock opened at GBX 1,035 ($13.52) on Monday. The firm has a fifty day moving average price of GBX 1,056.27 and a 200 day moving average price of GBX 1,030.26. Gamma Communications has a fifty-two week low of GBX 640 ($8.36) and a fifty-two week high of GBX 1,250 ($16.33). The company has a debt-to-equity ratio of 3.62, a quick ratio of 2.04 and a current ratio of 2.17. The firm has a market cap of $978.76 million and a PE ratio of 34.50.
Gamma Communications plc provides voice, data, and mobile services for the business market in the United Kingdom. Its voice services include hosted phone system, horizon call center, connect, PBX v hosted, SIP trunk, inbound, call and line, and SIP trunk call manager; and data services comprise broadband, fiber broadband, assured and converged broadband, fiber Ethernet, Ethernet in the first mile, fiber to the cabinet (FTTC) Ethernet, converged FTTC broadband, converged Ethernet, and converged private network services.
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