Telecom plus PLC (TEP) Receives Buy Rating from FinnCap
FinnCap reaffirmed their buy rating on shares of Telecom plus PLC (LON:TEP) in a research report report published on Thursday morning. The brokerage currently has a GBX 1,390 ($18.28) price target on the stock.
Several other equities research analysts also recently weighed in on the company. Peel Hunt reaffirmed an add rating and issued a GBX 1,360 ($17.89) target price on shares of Telecom plus PLC in a research report on Wednesday. Royal Bank of Canada raised Telecom plus PLC to an outperform rating and increased their price target for the company from GBX 1,050 ($13.81) to GBX 1,400 ($18.41) in a report on Monday, October 9th. Finally, Macquarie increased their price target on Telecom plus PLC from GBX 1,380 ($18.15) to GBX 1,435 ($18.87) and gave the company an outperform rating in a report on Friday, September 8th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company has an average rating of Buy and a consensus price target of GBX 1,322.50 ($17.39).
Shares of Telecom plus PLC (LON TEP) traded down GBX 25.38 ($0.33) during midday trading on Thursday, hitting GBX 1,249.62 ($16.44). The stock had a trading volume of 138,564 shares, compared to its average volume of 69,768. Telecom plus PLC has a 52 week low of GBX 1,035 ($13.61) and a 52 week high of GBX 1,342 ($17.65).
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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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