Manx Telecom (MANX) Receives Buy Rating from Liberum Capital
Manx Telecom (LON:MANX)‘s stock had its “buy” rating reaffirmed by equities researchers at Liberum Capital in a note issued to investors on Thursday. They currently have a GBX 236 ($3.26) price target on the stock. Liberum Capital’s target price indicates a potential upside of 26.96% from the company’s current price.
A number of other brokerages have also commented on MANX. Barclays reaffirmed an “overweight” rating and issued a GBX 220 ($3.04) price target on shares of Manx Telecom in a research note on Friday, January 19th. Peel Hunt reissued a “buy” rating and set a GBX 250 ($3.45) price objective on shares of Manx Telecom in a research report on Thursday, March 8th.
Shares of Manx Telecom (MANX) opened at GBX 185.88 ($2.57) on Thursday. Manx Telecom has a 52 week low of GBX 172 ($2.38) and a 52 week high of GBX 209 ($2.89). The company has a market capitalization of $211.67 and a price-to-earnings ratio of 2,655.43.
Manx Telecom plc is a United Kingdom-based communications solutions provider. The Company offers a range of fixed line, broadband, mobile and data center services to businesses, consumers and the public sector on the Isle of Man. The Company’s segments include Fixed line, broadband and data; Mobile; Global solutions; Data centre, and Other.
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