Telecom Plus (LON:TEP) Insider Purchases £5,959.50 in Stock

Telecom Plus Plc (LON:TEP) insider Suzi Williams bought 685 shares of Telecom Plus stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average price of GBX 870 per share, for a total transaction of £5,959.50.

Telecom Plus Stock Up 0.7%

Shares of LON:TEP opened at GBX 865 on Friday. The company has a current ratio of 1.58, a quick ratio of 1.28 and a debt-to-equity ratio of 87.91. The firm has a market cap of £686.73 million, a price-to-earnings ratio of 8.66, a PEG ratio of 2.86 and a beta of 0.43. The stock’s 50-day moving average price is GBX 878.40 and its two-hundred day moving average price is GBX 1,140.42. Telecom Plus Plc has a 12-month low of GBX 638 and a 12-month high of GBX 1,936.

Telecom Plus (LON:TEP) last posted its quarterly earnings data on Wednesday, June 24th. The company reported GBX 102.20 EPS for the quarter. The company had revenue of GBX 194.11 billion during the quarter. Telecom Plus had a net margin of 4.16% and a return on equity of 32.38%. On average, research analysts forecast that Telecom Plus Plc will post 118.0645161 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of Telecom Plus to a “hold” rating and cut their price target for the stock from GBX 1,300 to GBX 700 in a research note on Wednesday, July 1st. Berenberg Bank cut shares of Telecom Plus to a “buy” rating and lowered their price objective for the company from GBX 2,600 to GBX 1,200 in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Telecom Plus currently has an average rating of “Moderate Buy” and an average target price of GBX 1,500.

Telecom Plus Company Profile

Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands. Telecom Plus Plc was incorporated in 1996 and is based in London, the United Kingdom.