Gamma Communications (LON:GAMA) had its price objective raised by Peel Hunt from GBX 920 ($12.02) to GBX 990 ($12.94) in a research report sent to investors on Tuesday. They currently have a buy rating on the stock.

Separately, Barclays restated an overweight rating on shares of Gamma Communications in a report on Wednesday, January 16th. One analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus price target of GBX 965.83 ($12.62).

Shares of GAMA stock opened at GBX 957.20 ($12.51) on Tuesday. The company has a market capitalization of $899.62 million and a price-to-earnings ratio of 31.91. The company has a quick ratio of 2.04, a current ratio of 2.17 and a debt-to-equity ratio of 3.62. Gamma Communications has a fifty-two week low of GBX 640 ($8.36) and a fifty-two week high of GBX 967.53 ($12.64).

The company also recently disclosed a dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, May 30th will be issued a dividend of GBX 6.20 ($0.08) per share. This is an increase from Gamma Communications’s previous dividend of $3.10. The ex-dividend date is Thursday, May 30th. This represents a dividend yield of 0.68%. Gamma Communications’s payout ratio is currently 0.30%.

About Gamma Communications

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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Analyst Recommendations for Gamma Communications (LON:GAMA)

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