Peel Hunt Reaffirms Buy Rating for Manx Telecom (LON:MANX)

Peel Hunt restated their buy rating on shares of Manx Telecom (LON:MANX) in a research note issued to investors on Friday, January 12th. They currently have a GBX 250 ($3.51) price objective on the stock.

Separately, Numis Securities started coverage on shares of Manx Telecom in a research report on Tuesday, October 24th. They set an add rating and a GBX 220 ($3.09) price target on the stock.

Manx Telecom (LON MANX) traded down GBX 1 ($0.01) during mid-day trading on Friday, hitting GBX 190 ($2.67). 48,937 shares of the stock traded hands, compared to its average volume of 96,771. The stock has a market cap of $217.50 and a price-to-earnings ratio of 2,714.29. Manx Telecom has a 1 year low of GBX 172 ($2.42) and a 1 year high of GBX 209 ($2.93).

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Manx Telecom Company Profile

Manx Telecom plc is a United Kingdom-based communications solutions provider. The Company offers a range of fixed line, broadband, mobile and data center services to businesses, consumers and the public sector on the Isle of Man. The Company’s segments include Fixed line, broadband and data; Mobile; Global solutions; Data centre, and Other.

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