Analysts Set Telecom plus PLC (TEP) PT at $1,199.17

Shares of Telecom plus PLC (LON:TEP) have been assigned a consensus recommendation of “Buy” from the six analysts that are currently covering the stock. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,241.67 ($15.63).

TEP has been the subject of several research analyst reports. Peel Hunt reaffirmed a “buy” rating and set a GBX 1,300 ($16.36) target price on shares of Telecom plus PLC in a research note on Monday, March 20th. FinnCap reaffirmed a “buy” rating and set a GBX 1,360 ($17.12) target price on shares of Telecom plus PLC in a research note on Monday, March 27th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 1,000 ($12.59) target price on shares of Telecom plus PLC in a research note on Thursday, February 9th. Macquarie raised their target price on shares of Telecom plus PLC from GBX 1,300 ($16.36) to GBX 1,325 ($16.68) and gave the company an “outperform” rating in a research note on Tuesday, February 21st. Finally, JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 1,360 ($17.12) target price on shares of Telecom plus PLC in a research note on Friday.

Shares of Telecom plus PLC (LON:TEP) traded up 0.98% during midday trading on Thursday, hitting GBX 1239.00. The company had a trading volume of 62,412 shares. The company’s market capitalization is GBX 991.50 million. Telecom plus PLC has a 12-month low of GBX 799.89 and a 12-month high of GBX 1,271.00. The company’s 50-day moving average price is GBX 1,210.50 and its 200 day moving average price is GBX 1,198.28.

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Telecom plus PLC Company Profile

Telecom Plus PLC is engaged in providing landline telephony (calls and line rental), broadband, mobile, gas, electricity and CashBack card services. The Company’s segments include Customer Acquisition and Customer Management. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers.