Peel Hunt Reiterates Add Rating for Telecom plus PLC (TEP)
Several other research firms have also recently weighed in on TEP. Royal Bank of Canada upgraded Telecom plus PLC to an outperform rating and increased their price objective for the stock from GBX 1,050 ($13.81) to GBX 1,400 ($18.41) in a research report on Monday, October 9th. Macquarie raised their price target on Telecom plus PLC from GBX 1,380 ($18.15) to GBX 1,435 ($18.87) and gave the stock an outperform rating in a research report on Friday, September 8th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of Buy and an average price target of GBX 1,322.50 ($17.39).
Telecom plus PLC (TEP) opened at GBX 1,249.62 ($16.44) on Wednesday. Telecom plus PLC has a 12-month low of GBX 1,035 ($13.61) and a 12-month high of GBX 1,342 ($17.65).
About Telecom plus PLC
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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