Manx Telecom PLC (MANX) Earns “Overweight” Rating from Barclays PLC

Barclays PLC reissued their overweight rating on shares of Manx Telecom PLC (LON:MANX) in a research note published on Thursday. Barclays PLC currently has a GBX 220 ($2.72) price target on the stock.

Separately, Liberum Capital reissued a buy rating and issued a GBX 236 ($2.91) price target on shares of Manx Telecom PLC in a research note on Wednesday, March 15th.

Shares of Manx Telecom PLC (LON:MANX) opened at 196.00 on Thursday. The firm’s market cap is GBX 221.43 million. The firm has a 50-day moving average of GBX 198.29 and a 200 day moving average of GBX 202.36. Manx Telecom PLC has a 12 month low of GBX 178.00 and a 12 month high of GBX 224.00.

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The firm also recently disclosed a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, May 25th will be given a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date of this dividend is Thursday, May 25th. This is a positive change from Manx Telecom PLC’s previous dividend of $3.70. This represents a yield of 3.66%.

Manx Telecom PLC 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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