Gamma Communications (LON:GAMA)‘s stock had its “add” rating restated by Peel Hunt in a note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.
Several other analysts also recently issued reports on GAMA. Jefferies Financial Group raised their price objective on shares of Gamma Communications from GBX 1,130 ($14.77) to GBX 1,270 ($16.59) and gave the stock a “buy” rating in a research note on Monday, August 12th. Royal Bank of Canada reissued an “overweight” rating and issued a GBX 1,250 ($16.33) price objective on shares of Gamma Communications in a research note on Friday, September 6th. Finally, Barclays raised their price objective on shares of Gamma Communications from GBX 1,150 ($15.03) to GBX 1,250 ($16.33) and gave the stock an “overweight” rating in a research note on Friday, September 6th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Gamma Communications currently has an average rating of “Buy” and an average target price of GBX 1,199 ($15.67).
Shares of LON GAMA opened at GBX 1,110 ($14.50) on Tuesday. The company has a debt-to-equity ratio of 6.73, a current ratio of 2.10 and a quick ratio of 1.98. The company has a market cap of $1.05 billion and a P/E ratio of 30.83. Gamma Communications has a 1 year low of GBX 640 ($8.36) and a 1 year high of GBX 1,250 ($16.33). The firm has a 50-day simple moving average of GBX 1,096.83 and a two-hundred day simple moving average of GBX 1,084.83.
Gamma Communications plc provides voice, data, and mobile services for the business market in the United Kingdom. Its voice services include hosted phone system, horizon call center, connect, PBX v hosted, SIP trunk, inbound, call and line, and SIP trunk call manager; and data services comprise broadband, fiber broadband, assured and converged broadband, fiber Ethernet, Ethernet in the first mile, fiber to the cabinet (FTTC) Ethernet, converged FTTC broadband, converged Ethernet, and converged private network services.
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