Shares of Gamma Communications PLC (LON:GAMA) have been given a consensus rating of “Buy” by the six ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is GBX 909 ($11.88).
GAMA has been the subject of a number of recent analyst reports. Numis Securities reiterated a “buy” rating and set a GBX 860 ($11.24) price target on shares of Gamma Communications in a research report on Monday, June 18th. Peel Hunt reiterated an “add” rating on shares of Gamma Communications in a research report on Tuesday, July 3rd. Barclays lifted their price target on shares of Gamma Communications from GBX 750 ($9.80) to GBX 775 ($10.13) and gave the company an “overweight” rating in a research report on Wednesday, July 11th. Finally, Citigroup lifted their price target on shares of Gamma Communications from GBX 930 ($12.15) to GBX 1,025 ($13.39) and gave the company a “buy” rating in a research report on Wednesday, September 5th.
GAMA stock traded up GBX 4 ($0.05) during trading on Thursday, reaching GBX 800 ($10.45). 27,292 shares of the stock were exchanged, compared to its average volume of 61,573. Gamma Communications has a 1 year low of GBX 463 ($6.05) and a 1 year high of GBX 770 ($10.06).
The company also recently declared a dividend, which will be paid on Thursday, October 18th. Shareholders of record on Thursday, September 20th will be issued a dividend of GBX 3.10 ($0.04) per share. This represents a yield of 0.34%. The ex-dividend date of this dividend is Thursday, September 20th.
About Gamma Communications
Gamma Communications plc provides voice, data, and mobile services for the business market in the United Kingdom. Its voice services include hosted phone system, horizon call center, connect, PBX v hosted, SIP trunk, inbound, call and line, and SIP trunk call manager; and data services comprise broadband, fiber broadband, assured and converged broadband, fiber Ethernet, Ethernet in the first mile, fiber to the cabinet (FTTC) Ethernet, converged FTTC broadband, converged Ethernet, and converged private network services.
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