Gamma Communications (LON:GAMA) Given “Buy” Rating at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Gamma Communications (LON:GAMA) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. Berenberg Bank currently has a GBX 1,570 price objective on the stock.

Separately, Citigroup lowered their target price on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating on the stock in a research report on Thursday, January 15th. Four 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 an average price target of GBX 1,572.50.

Gamma Communications Stock Down 10.4%

Shares of GAMA stock opened at GBX 745.60 on Tuesday. The firm’s fifty day moving average price is GBX 887.80 and its two-hundred day moving average price is GBX 932.78. The company has a current ratio of 1.22, a quick ratio of 2.45 and a debt-to-equity ratio of 17.72. Gamma Communications has a 1 year low of GBX 743 and a 1 year high of GBX 1,376. The firm has a market capitalization of £683.05 million, a P/E ratio of 10.74, a PEG ratio of 2.79 and a beta of 0.65.

Gamma Communications (LON:GAMA) last posted its quarterly earnings data on Tuesday, March 24th. The company reported GBX 69.50 EPS for the quarter. Gamma Communications had a net margin of 11.03% and a return on equity of 13.77%. On average, equities analysts predict 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.