Gamma Communications (LON:GAMA) Price Target Cut to GBX 1,400 by Analysts at Deutsche Bank Aktiengesellschaft

Gamma Communications (LON:GAMA) had its target price lowered by Deutsche Bank Aktiengesellschaft from GBX 1,460 to GBX 1,400 in a research report sent to investors on Friday morning,London Stock Exchange reports. The firm currently has a buy rating on the stock.

GAMA has been the topic of a number of other research reports. Berenberg Bank restated a “buy” rating and set a GBX 1,570 price target on shares of Gamma Communications in a research report on Tuesday. Citigroup dropped their target price on Gamma Communications from GBX 1,420 to GBX 1,400 and set a “buy” rating for the company in a research report on Thursday, January 15th. Finally, Shore Capital Group reaffirmed a “buy” rating on shares of Gamma Communications in a research note on Wednesday. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 1,538.

Gamma Communications Stock Performance

Shares of GAMA opened at GBX 701.09 on Friday. The stock’s 50-day simple moving average is GBX 877.32 and its 200 day simple moving average is GBX 927.47. The stock has a market capitalization of £642.27 million, a price-to-earnings ratio of 10.10, a price-to-earnings-growth ratio of 2.79 and a beta of 0.65. 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 has a 52-week low of GBX 699 and a 52-week high of GBX 1,376.

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

About Gamma Communications

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.