Peel Hunt Reaffirms Buy Rating for Telecom plus (LON:TEP)
Peel Hunt restated their buy rating on shares of Telecom plus (LON:TEP) in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.
Several other equities research analysts have also recently commented on the company. Numis Securities reaffirmed a buy rating on shares of Telecom plus in a research note on Thursday, June 13th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Telecom plus in a research note on Wednesday, May 15th.
LON TEP opened at GBX 1,216 ($15.89) on Monday. The business has a 50 day simple moving average of GBX 1,330.24 and a 200 day simple moving average of GBX 1,419.63. Telecom plus has a one year low of GBX 995 ($13.00) and a one year high of GBX 1,542 ($20.15). The stock has a market capitalization of $953.55 million and a P/E ratio of 28.75. The company has a debt-to-equity ratio of 27.20, a current ratio of 1.33 and a quick ratio of 1.23.
Telecom plus Company Profile
Telecom Plus PLC provides a range of utility services to residential and small business customers in the United Kingdom. The company operates in two segments, Customer Acquisition and Customer Management. The Customer Acquisition segment sells a range of equipment, such as mobile phone handsets and wireless Internet routers.
Further Reading: Oversold
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