Manx Telecom’s (MANX) “Buy” Rating Reaffirmed at Peel Hunt
Manx Telecom (LON:MANX)‘s stock had its “buy” rating reissued by research analysts at Peel Hunt in a report issued on Friday.
Several other analysts also recently weighed in on the company. Barclays reissued an “overweight” rating and issued a GBX 220 ($2.95) target price on shares of Manx Telecom in a report on Friday, February 9th. Numis Securities downgraded Manx Telecom to a “hold” rating and reduced their target price for the company from GBX 220 ($2.95) to GBX 200 ($2.68) in a report on Friday, March 16th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 236 ($3.17) target price on shares of Manx Telecom in a report on Thursday, March 15th.
Manx Telecom opened at GBX 186 ($2.50) on Friday, MarketBeat Ratings reports. Manx Telecom has a fifty-two week low of GBX 172 ($2.31) and a fifty-two week high of GBX 209 ($2.80).
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.
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