Telecom Plus (LON:TEP) Reaches New 1-Year Low – What’s Next?

Telecom Plus Plc (LON:TEP)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 1,250 and last traded at GBX 1,256, with a volume of 193838 shares. The stock had previously closed at GBX 1,256.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Telecom Plus from GBX 2,580 to GBX 2,000 and set a “buy” rating on the stock in a research note on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 2,400.

Telecom Plus Stock Performance

The firm has a 50 day moving average of GBX 1,340.84 and a two-hundred day moving average of GBX 1,531.99. The stock has a market cap of £996.32 million, a P/E ratio of 15.16, a P/E/G ratio of 2.86 and a beta of 0.49. The company has a debt-to-equity ratio of 101.39, a quick ratio of 1.29 and a current ratio of 1.97.

Telecom Plus Company Profile

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.