Telecom plus PLC (TEP) Price Target Raised to GBX 1,290 at JPMorgan Chase & Co.
Telecom plus PLC (LON:TEP) had its price objective lifted by JPMorgan Chase & Co. from GBX 1,260 ($15.74) to GBX 1,290 ($16.12) in a research report released on Wednesday morning. The firm currently has an overweight rating on the stock.
Other equities research analysts also recently issued reports about the stock. FinnCap reissued a buy rating and issued a GBX 1,230 ($15.37) price objective on shares of Telecom plus PLC in a research report on Monday. Peel Hunt reaffirmed a buy rating and issued a GBX 1,300 ($16.24) target price (up from GBX 1,225 ($15.30)) on shares of Telecom plus PLC in a research report on Friday, November 18th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Telecom plus PLC has a consensus rating of Buy and an average target price of GBX 1,174 ($14.67).
Telecom plus PLC (LON:TEP) opened at 1203.00 on Wednesday. Telecom plus PLC has a 12 month low of GBX 799.89 and a 12 month high of GBX 1,260.00. The firm has a 50 day moving average of GBX 1,167.11 and a 200-day moving average of GBX 1,073.25. The firm’s market cap is GBX 962.44 million.
The firm also recently disclosed a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, December 1st will be given a dividend of GBX 23 ($0.29) per share. This represents a yield of 1.89%. The ex-dividend date of this dividend is Thursday, December 1st.
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About Telecom plus PLC
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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