Gamma Communications (GAMA) Given New GBX 1,100 Price Target at Barclays
Gamma Communications (LON:GAMA) had its target price boosted by equities researchers at Barclays from GBX 1,000 ($13.07) to GBX 1,100 ($14.37) in a research note issued to investors on Wednesday. The firm presently has an “overweight” rating on the stock. Barclays‘s target price would suggest a potential upside of 18.28% from the stock’s current price.
Separately, Peel Hunt reissued a “buy” rating on shares of Gamma Communications in a research note on Friday, November 30th. One analyst has rated the stock with a sell rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of GBX 965.83 ($12.62).
Shares of LON:GAMA opened at GBX 930 ($12.15) on Wednesday. The company has a market capitalization of $868.42 million and a price-to-earnings ratio of 31.00. The company has a debt-to-equity ratio of 3.62, a quick ratio of 2.04 and a current ratio of 2.17. Gamma Communications has a 52-week low of GBX 640 ($8.36) and a 52-week high of GBX 967.53 ($12.64).
Gamma Communications plc provides voice, data, and mobile services for the business market in the United Kingdom. Its voice services include hosted phone system, horizon call center, connect, PBX v hosted, SIP trunk, inbound, call and line, and SIP trunk call manager; and data services comprise broadband, fiber broadband, assured and converged broadband, fiber Ethernet, Ethernet in the first mile, fiber to the cabinet (FTTC) Ethernet, converged FTTC broadband, converged Ethernet, and converged private network services.
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