Telecom plus PLC (TEP) Receives GBX 1,230 Consensus Price Target from Brokerages
Shares of Telecom plus PLC (LON:TEP) have been assigned a consensus recommendation of “Buy” from the six brokerages that are currently covering the firm. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,230 ($15.48).
TEP has been the subject of a number of analyst reports. FinnCap reiterated a “buy” rating and set a GBX 1,360 ($17.12) target price on shares of Telecom plus PLC in a report on Monday, March 27th. Peel Hunt reiterated a “buy” rating and set a GBX 1,300 ($16.36) target price on shares of Telecom plus PLC in a report on Monday, March 20th. Berenberg Bank reiterated a “hold” rating and set a GBX 1,000 ($12.59) target price on shares of Telecom plus PLC in a report on Thursday, February 9th. Finally, Macquarie increased their price target on shares of Telecom plus PLC from GBX 1,325 ($16.68) to GBX 1,380 ($17.37) and gave the stock an “outperform” rating in a research note on Monday, April 10th.
Shares of Telecom plus PLC (LON:TEP) traded down 1.37% on Monday, reaching GBX 1227.00. The company had a trading volume of 110,119 shares. The company’s 50-day moving average is GBX 1,209.36 and its 200-day moving average is GBX 1,198.00. Telecom plus PLC has a one year low of GBX 799.89 and a one year high of GBX 1,271.00. The company’s market capitalization is GBX 981.89 million.
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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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