Gamma Communications (LON:GAMA) Price Target Increased to GBX 1,270 by Analysts at Jefferies Financial Group

Gamma Communications (LON:GAMA) had its target price raised by Jefferies Financial Group from GBX 1,130 ($14.77) to GBX 1,270 ($16.59) in a report released on Monday morning, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the stock.

A number of other brokerages have also recently weighed in on GAMA. Barclays lifted their price objective on shares of Gamma Communications from GBX 1,100 ($14.37) to GBX 1,150 ($15.03) and gave the company an overweight rating in a report on Thursday, July 11th. Numis Securities restated an add rating on shares of Gamma Communications in a report on Thursday, May 16th. Finally, Peel Hunt restated an add rating on shares of Gamma Communications in a report on Monday, August 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of GBX 1,065 ($13.92).

Shares of GAMA stock opened at GBX 1,050 ($13.72) on Monday. The company has a debt-to-equity ratio of 3.62, a quick ratio of 2.04 and a current ratio of 2.17. The stock has a market capitalization of $992.95 million and a P/E ratio of 35.00. The company has a 50 day moving average price of GBX 1,068.83 and a 200 day moving average price of GBX 1,026.81. Gamma Communications has a fifty-two week low of GBX 640 ($8.36) and a fifty-two week high of GBX 1,250 ($16.33).

Gamma Communications Company Profile

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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Analyst Recommendations for Gamma Communications (LON:GAMA)

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