Telecom plus PLC (TEP) Rating Reiterated by Peel Hunt
Telecom plus PLC (LON:TEP)‘s stock had its “add” rating reiterated by Peel Hunt in a report issued on Wednesday. They currently have a GBX 1,360 ($17.89) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 7.42% from the stock’s previous close.
Several other research firms have also recently commented on TEP. Royal Bank Of Canada raised shares of Telecom plus PLC to an “outperform” rating and boosted their price objective for the company from GBX 1,050 ($13.81) to GBX 1,400 ($18.41) in a research report on Monday, October 9th. Macquarie boosted their price target on shares of Telecom plus PLC from GBX 1,380 ($18.15) to GBX 1,435 ($18.87) and gave the stock an “outperform” rating in a research report on Friday, September 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,322.50 ($17.39).
Shares of Telecom plus PLC (TEP) opened at GBX 1,265 ($16.64) on Wednesday. Telecom plus PLC has a 52 week low of GBX 1,035 ($13.61) and a 52 week high of GBX 1,342 ($17.65).
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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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