Barclays restated their overweight rating on shares of Manx Telecom (LON:MANX) in a research note issued to investors on Friday. The firm currently has a GBX 220 ($3.04) price target on the stock.

A number of other equities research analysts have also issued reports on the stock. Peel Hunt reiterated a buy rating and set a GBX 250 ($3.45) target price on shares of Manx Telecom in a report on Friday, January 12th. Liberum Capital reiterated a buy rating and set a GBX 236 ($3.26) target price on shares of Manx Telecom in a report on Friday, January 12th. Finally, Numis Securities initiated coverage on shares of Manx Telecom in a report on Tuesday, October 24th. They set an add rating and a GBX 220 ($3.04) target price on the stock.

Shares of Manx Telecom (LON:MANX) opened at GBX 185.01 ($2.56) on Friday. The stock has a market cap of $207.35 and a P/E ratio of 2,643.00. Manx Telecom has a fifty-two week low of GBX 172 ($2.38) and a fifty-two week high of GBX 209 ($2.89).

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About Manx Telecom

Manx Telecom plc is a United Kingdom-based communications solutions provider. The Company offers a range of fixed line, broadband, mobile and data center services to businesses, consumers and the public sector on the Isle of Man. The Company’s segments include Fixed line, broadband and data; Mobile; Global solutions; Data centre, and Other.

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