Gamma Communications’ (GAMA) “Buy” Rating Reiterated at Shore Capital Group

Shore Capital Group reaffirmed their buy rating on shares of Gamma Communications (LON:GAMA) in a research report released on Wednesday morning, MarketBeat reports.

A number of other equities research analysts have also weighed in on GAMA. Berenberg Bank restated a “buy” rating and issued a GBX 1,570 price objective on shares of Gamma Communications in a report on Tuesday. Citigroup cut their price target on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating on the stock in a research note on Thursday, January 15th. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 1,538.

Gamma Communications Stock Down 1.5%

GAMA stock opened at GBX 701.09 on Wednesday. The company’s 50 day moving average price is GBX 877.32 and its 200 day moving average price is GBX 927.47. The firm has a market capitalization of £642.27 million, a price-to-earnings ratio of 10.10, a PEG ratio of 2.79 and a beta of 0.65. Gamma Communications has a fifty-two week low of GBX 699 and a fifty-two week high of GBX 1,376. The company has a debt-to-equity ratio of 13.12, a quick ratio of 2.45 and a current ratio of 1.40.

Gamma Communications (LON:GAMA) last issued its quarterly earnings results on Tuesday, March 24th. The company reported GBX 69.50 earnings per share (EPS) for the quarter. Gamma Communications had a net margin of 10.01% and a return on equity of 13.14%. On average, equities research analysts anticipate that Gamma Communications will post 89.6398892 EPS for the current fiscal year.

Gamma Communications Company Profile

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.