Gamma Communications (LON:GAMA)‘s stock had its “buy” rating reiterated by equities researchers at Peel Hunt in a research note issued on Friday.
Several other equities analysts have also recently issued reports on the company. Royal Bank of Canada cut Gamma Communications to an “underperform” rating and upped their price objective for the company from GBX 675 ($8.82) to GBX 750 ($9.80) in a research report on Thursday, October 11th. Numis Securities reaffirmed an “add” rating on shares of Gamma Communications in a research report on Thursday, October 4th. Barclays upped their price objective on Gamma Communications from GBX 775 ($10.13) to GBX 1,000 ($13.07) and gave the company an “overweight” rating in a research report on Tuesday, September 11th. Finally, Citigroup upped their price objective on Gamma Communications from GBX 930 ($12.15) to GBX 1,025 ($13.39) and gave the company a “buy” rating in a research report on Wednesday, September 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of GBX 927.50 ($12.12).
Shares of GAMA opened at GBX 842 ($11.00) on Friday. Gamma Communications has a 52 week low of GBX 463 ($6.05) and a 52 week high of GBX 770 ($10.06).
Gamma Communications (LON:GAMA) last released its quarterly earnings data on Monday, September 3rd. The company reported GBX 13.40 ($0.18) earnings per share (EPS) for the quarter.
Gamma Communications Company Profile
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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