Gamma Communications (LON:GAMA) had its price target lifted by research analysts at Barclays from GBX 775 ($10.10) to GBX 1,000 ($13.03) in a research report issued to clients and investors on Tuesday. The brokerage currently has an “overweight” rating on the stock. Barclays’ price target would suggest a potential upside of 12.23% from the stock’s current price.

A number of other research analysts have also recently commented on the company. Numis Securities restated an “add” rating and issued a GBX 1,020 ($13.29) target price on shares of Gamma Communications in a research note on Tuesday. Citigroup raised their target price on Gamma Communications from GBX 930 ($12.11) to GBX 1,025 ($13.35) and gave the company a “buy” rating in a research note on Wednesday, September 5th. Finally, Peel Hunt restated an “add” rating on shares of Gamma Communications in a research note on Friday, August 31st. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 947 ($12.34).

GAMA opened at GBX 891 ($11.61) on Tuesday. Gamma Communications has a 52 week low of GBX 463 ($6.03) and a 52 week high of GBX 770 ($10.03).

Gamma Communications (LON:GAMA) last released its earnings results on Monday, September 3rd. The company reported GBX 13.40 ($0.17) EPS for the quarter. Gamma Communications had a return on equity of 26.40% and a net margin of 9.65%.

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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Analyst Recommendations for Gamma Communications (LON:GAMA)

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