Telecom Plus (LON:TEP) Insider Purchases 1,367 Shares of Stock

Telecom Plus Plc (LON:TEP) insider Gemma Godfrey acquired 1,367 shares of the stock in a transaction on Wednesday, June 24th. The shares were bought at an average price of GBX 726 per share, with a total value of £9,924.42.

Telecom Plus Trading Up 4.7%

LON TEP opened at GBX 743.30 on Wednesday. The stock’s fifty day moving average price is GBX 1,102.78 and its 200-day moving average price is GBX 1,263.31. The stock has a market cap of £593.41 million, a P/E ratio of 9.03, a P/E/G ratio of 2.86 and a beta of 0.42. Telecom Plus Plc has a 12 month low of GBX 638 and a 12 month high of GBX 2,065. The company has a current ratio of 1.97, a quick ratio of 1.28 and a debt-to-equity ratio of 101.39.

Telecom Plus (LON:TEP) last posted its quarterly earnings results on Wednesday, June 24th. The company reported GBX 102.20 EPS for the quarter. The firm had revenue of GBX 194.11 billion for the quarter. Telecom Plus had a net margin of 3.51% and a return on equity of 27.40%. As a group, equities analysts forecast that Telecom Plus Plc will post 118.0645161 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on TEP. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 2,000 target price on shares of Telecom Plus in a research note on Wednesday, May 6th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 2,600 price target on shares of Telecom Plus in a report on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,400.

Telecom Plus Company Profile

Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands. Telecom Plus Plc was incorporated in 1996 and is based in London, the United Kingdom.