Telecom plus PLC (TEP) Given “Buy” Rating at Peel Hunt
A number of other equities analysts have also recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of Telecom plus PLC from GBX 1,260 ($15.63) to GBX 1,290 ($16.00) and gave the stock an overweight rating in a report on Wednesday, November 23rd. FinnCap reissued a buy rating and issued a GBX 1,230 ($15.26) target price on shares of Telecom plus PLC in a report on Monday, November 21st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Buy and an average target price of GBX 1,174 ($14.56).
Shares of Telecom plus PLC (LON:TEP) opened at 1249.00 on Monday. Telecom plus PLC has a 12-month low of GBX 799.89 and a 12-month high of GBX 1,260.00. The firm’s market cap is GBX 999.24 million. The company has a 50 day moving average price of GBX 1,177.44 and a 200-day moving average price of GBX 1,078.62.
The firm also recently declared a dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, December 1st will be issued a dividend of GBX 23 ($0.29) per share. The ex-dividend date is Thursday, December 1st. This represents a dividend yield of 1.89%.
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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