Gamma Communications PLC (LON:GAMA)’s share price reached a new 52-week high on Friday . The stock traded as high as GBX 728 ($10.06) and last traded at GBX 722 ($9.98), with a volume of 66546 shares changing hands. The stock had previously closed at GBX 695 ($9.60).
Several equities analysts have recently weighed in on GAMA shares. Peel Hunt restated an “add” rating and issued a GBX 733 ($10.13) target price on shares of Gamma Communications in a research report on Thursday, March 1st. Numis Securities restated a “buy” rating and issued a GBX 810 ($11.19) target price on shares of Gamma Communications in a research report on Monday, January 8th. Finally, Barclays started coverage on Gamma Communications in a research report on Friday, February 9th. They issued an “overweight” rating and a GBX 750 ($10.36) target price on the stock. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Gamma Communications currently has an average rating of “Buy” and a consensus target price of GBX 713.60 ($9.86).
The company has a market cap of $674.60 and a PE ratio of 3,438.10.
TRADEMARK VIOLATION WARNING: “Gamma Communications (GAMA) Hits New 12-Month High at $728.00” was first published by Ticker Report and is the property of of Ticker Report. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/3254573/gamma-communications-gama-hits-new-12-month-high-at-728-00.html.
About Gamma Communications
Gamma Communications plc (Gamma) is a provider of cloud communication services. The Company has two main operating segments: Indirect and Direct. The Indirect division sells Gamma’s traditional and growth products to channel partners. The Direct sells Gamma’s traditional and growth products to end users in the small and medium-sized enterprise (SME), Enterprise and public sectors together with an associated service wrap.
Receive News & Ratings for Gamma Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gamma Communications and related companies with MarketBeat.com's FREE daily email newsletter.