Telecom plus PLC (LON:TEP)‘s stock had its “buy” rating reissued by equities research analysts at FinnCap in a report issued on Tuesday. They presently have a GBX 1,390 ($18.28) target price on the stock. FinnCap’s price target indicates a potential upside of 16.51% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. Peel Hunt reaffirmed an “add” rating and issued a GBX 1,360 ($17.89) price target on shares of Telecom plus PLC in a research note on Monday. Macquarie upped 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 research note on Friday, September 8th. Finally, Royal Bank Of Canada raised Telecom plus PLC to an “outperform” rating and upped their price target for the company from GBX 1,050 ($13.81) to GBX 1,400 ($18.41) in a research note on Monday, October 9th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Telecom plus PLC has an average rating of “Buy” and a consensus price target of GBX 1,322.50 ($17.39).
Shares of Telecom plus PLC (TEP) opened at GBX 1,193 ($15.69) on Tuesday. Telecom plus PLC has a twelve month low of GBX 1,035 ($13.61) and a twelve month high of GBX 1,342 ($17.65).
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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