Telecom plus PLC (TEP) Stock Rating Reaffirmed by FinnCap
Telecom plus PLC (LON:TEP)‘s stock had its “buy” rating reiterated by research analysts at FinnCap in a research report issued to clients and investors on Monday. They presently have a GBX 1,230 ($15.37) price target on the stock. FinnCap’s price objective would indicate a potential upside of 0.82% from the stock’s previous close.
Separately, Peel Hunt boosted their price objective on shares of Telecom plus PLC from GBX 1,150 ($14.37) to GBX 1,225 ($15.30) and gave the company a “buy” rating in a research report on Wednesday, October 19th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Telecom plus PLC has an average rating of “Buy” and an average target price of GBX 1,174 ($14.67).
Shares of Telecom plus PLC (LON:TEP) opened at 1221.85 on Monday. Telecom plus PLC has a 52 week low of GBX 799.89 and a 52 week high of GBX 1,260.00. The company’s 50-day moving average price is GBX 1,165.05 and its 200 day moving average price is GBX 1,071.48. The firm’s market cap is GBX 977.52 million.
The business also recently announced a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, December 1st will be paid a dividend of GBX 23 ($0.29) per share. The ex-dividend date of this dividend is Thursday, December 1st. This represents a dividend yield of 1.89%.
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Telecom plus PLC Company Profile
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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