Numis Securities Reaffirms “Buy” Rating for Telecom plus (LON:TEP)

Numis Securities reaffirmed their buy rating on shares of Telecom plus (LON:TEP) in a research report released on Thursday, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of Telecom plus in a research note on Wednesday, May 15th. Peel Hunt restated a buy rating on shares of Telecom plus in a report on Monday.

Telecom plus stock opened at GBX 1,486 ($19.42) on Thursday. The stock has a market capitalization of $1.16 billion and a price-to-earnings ratio of 37.62. The company has a quick ratio of 0.62, a current ratio of 1.30 and a debt-to-equity ratio of 22.32. Telecom plus has a 12 month low of GBX 995 ($13.00) and a 12 month high of GBX 1,538 ($20.10).

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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