FinnCap Reaffirms “Buy” Rating for Telecom plus PLC (TEP)

FinnCap reissued their buy rating on shares of Telecom plus PLC (LON:TEP) in a research report sent to investors on Thursday morning. The brokerage currently has a GBX 1,390 ($18.28) price objective on the stock.

A number of other research firms also recently weighed in on TEP. Peel Hunt reissued an add rating and set a GBX 1,360 ($17.89) target price on shares of Telecom plus PLC in a research report on Wednesday. Royal Bank Of Canada raised shares of Telecom plus PLC to an outperform rating and increased their target price for the company from GBX 1,050 ($13.81) to GBX 1,400 ($18.41) in a research report on Monday, October 9th. Finally, Macquarie increased their target price on shares of Telecom plus PLC from GBX 1,380 ($18.15) to GBX 1,435 ($18.87) and gave the company an outperform rating in a research report on Friday, September 8th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Telecom plus PLC presently has a consensus rating of Buy and an average price target of GBX 1,322.50 ($17.39).

Shares of Telecom plus PLC (LON:TEP) opened at GBX 1,249.62 ($16.44) on Thursday. Telecom plus PLC has a 52-week low of GBX 1,035 ($13.61) and a 52-week high of GBX 1,342 ($17.65).

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Telecom plus PLC Company Profile

Telecom Plus PLC is engaged in providing landline telephony (calls and line rental), broadband, mobile, gas, electricity and CashBack card services. The Company’s segments include Customer Acquisition and Customer Management. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers.

Analyst Recommendations for Telecom plus PLC (LON:TEP)

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