Manx Telecom (MANX) Receives Buy Rating from Peel Hunt
Peel Hunt reaffirmed their buy rating on shares of Manx Telecom (LON:MANX) in a research note published on Wednesday morning. They currently have a GBX 220 ($2.87) price objective on the stock, down from their previous price objective of GBX 225 ($2.93).
Several other brokerages have also issued reports on MANX. Liberum Capital restated a buy rating on shares of Manx Telecom in a research note on Thursday, July 12th. Barclays restated an overweight rating on shares of Manx Telecom in a research note on Wednesday, July 11th.
MANX stock opened at GBX 170 ($2.21) on Wednesday. Manx Telecom has a 1-year low of GBX 172 ($2.24) and a 1-year high of GBX 209 ($2.72).
Manx Telecom Company Profile
Manx Telecom plc provides a range of telecommunications services to consumers, businesses, and public sector in the Isle of Man and internationally. It operates through five segments: Fixed Line, Broadband and Data; Mobile; Global Solutions; Data Centre; and Other. The Fixed Line, Broadband and Data segment offers fixed line, broadband, and connectivity services to approximately 37,000 homes and 4,000 businesses.
Further Reading: What is the Book Value of a Share?
Receive News & Ratings for Manx Telecom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manx Telecom and related companies with MarketBeat.com's FREE daily email newsletter.