Telecom plus’ (TEP) Buy Rating Reaffirmed at Peel Hunt

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Telecom plus (LON:TEP)‘s stock had its “buy” rating reissued by Peel Hunt in a research report issued to clients and investors on Wednesday, ThisIsMoney.Co.Uk reports.

Separately, JPMorgan Chase & Co. cut their price target on Telecom plus from GBX 1,500 ($19.73) to GBX 1,450 ($19.07) and set a “neutral” rating on the stock in a research note on Wednesday, November 20th.

TEP stock opened at GBX 1,530 ($20.13) on Wednesday. The business’s fifty day moving average is GBX 1,507.48 and its 200-day moving average is GBX 1,320.92. The company has a quick ratio of 0.74, a current ratio of 1.50 and a debt-to-equity ratio of 34.64. The company has a market cap of $1.20 billion and a P/E ratio of 35.50. Telecom plus has a twelve month low of GBX 1,094 ($14.39) and a twelve month high of GBX 1,554 ($20.44).

About Telecom plus

Telecom Plus PLC provides a range of utility services to residential and small business customers in the United Kingdom. The company operates in two segments, Customer Acquisition and Customer Management. The Customer Acquisition segment sells a range of equipment, such as mobile phone handsets and wireless Internet routers.

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