Shares of Gamma Communications PLC (LON:GAMA) have been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 1,048.75 ($13.70).
A number of equities research analysts recently weighed in on the company. Barclays raised their price objective on Gamma Communications from GBX 1,100 ($14.37) to GBX 1,150 ($15.03) and gave the company an “overweight” rating in a research report on Thursday, July 11th. Numis Securities reaffirmed an “add” rating on shares of Gamma Communications in a research report on Thursday, May 16th. Peel Hunt reaffirmed an “add” rating on shares of Gamma Communications in a research report on Monday, August 5th. Finally, Jefferies Financial Group raised their price objective on Gamma Communications from GBX 1,130 ($14.77) to GBX 1,270 ($16.59) and gave the company a “buy” rating in a research report on Monday, August 12th.
GAMA stock remained flat at $GBX 1,050 ($13.72) during trading on Monday. The company had a trading volume of 23,203 shares, compared to its average volume of 61,573. Gamma Communications has a 12 month low of GBX 640 ($8.36) and a 12 month high of GBX 1,250 ($16.33). The company’s 50 day moving average price is GBX 1,066.77 and its 200 day moving average price is GBX 1,026.99. The company has a market capitalization of $992.95 million and a P/E ratio of 35.00. The company has a quick ratio of 2.04, a current ratio of 2.17 and a debt-to-equity ratio of 3.62.
About Gamma Communications
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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