Peel Hunt Reiterates “Buy” Rating for Telecom Plus (LON:TEP)

Telecom Plus (LON:TEP)‘s stock had its “buy” rating restated by research analysts at Peel Hunt in a research report issued on Tuesday, MarketBeat Ratings reports. They presently have a GBX 2,600 price target on the stock. Peel Hunt’s price target would indicate a potential upside of 60.88% from the stock’s current price.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 2,600 price objective on shares of Telecom Plus in a research report on Tuesday, September 2nd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of GBX 2,600.

Telecom Plus Stock Down 1.6%

Shares of LON:TEP opened at GBX 1,616.13 on Tuesday. Telecom Plus has a 52-week low of GBX 1,580 and a 52-week high of GBX 2,100. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52. The business has a fifty day moving average of GBX 1,791.35 and a two-hundred day moving average of GBX 1,890.89. The stock has a market cap of £1.29 billion, a P/E ratio of 16.99, a PEG ratio of 2.86 and a beta of 0.57.

Telecom Plus (LON:TEP) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX 31.50 earnings per share (EPS) for the quarter. Telecom Plus had a net margin of 3.48% and a return on equity of 31.35%. On average, research analysts expect that Telecom Plus will post 118.0645161 earnings per share for the current year.

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.