Telecom Plus’ (TEP) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Telecom Plus (LON:TEP) in a research note released on Wednesday morning,Digital Look reports. The brokerage currently has a GBX 2,000 target price on the stock.

Separately, Berenberg Bank restated a “buy” rating and set a GBX 2,600 target price on shares of Telecom Plus in a research note on Wednesday, April 29th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,400.

Telecom Plus Price Performance

Shares of Telecom Plus stock opened at GBX 1,073.01 on Wednesday. The stock has a market capitalization of £856.64 million, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 2.86 and a beta of 0.42. Telecom Plus has a twelve month low of GBX 995 and a twelve month high of GBX 2,100. The company has a quick ratio of 1.29, a current ratio of 1.97 and a debt-to-equity ratio of 101.39. The company has a 50-day simple moving average of GBX 1,313.82 and a two-hundred day simple moving average of GBX 1,429.44.

About Telecom Plus

Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands. Telecom Plus Plc was incorporated in 1996 and is based in London, the United Kingdom.