Telecom plus PLC’s (TEP) Neutral Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their neutral rating on shares of Telecom plus PLC (LON:TEP) in a report released on Friday, April 21st. JPMorgan Chase & Co. currently has a GBX 1,360 ($17.56) target price on the stock.

Other research analysts also recently issued reports about the stock. FinnCap reissued a buy rating and issued a GBX 1,360 ($17.56) price target on shares of Telecom plus PLC in a report on Monday, March 27th. Peel Hunt reissued a buy rating and issued a GBX 1,300 ($16.78) price target on shares of Telecom plus PLC in a report on Thursday, April 20th. Berenberg Bank reissued a hold rating and issued a GBX 1,000 ($12.91) price target on shares of Telecom plus PLC in a report on Thursday, February 9th. Finally, Macquarie lifted their price objective on shares of Telecom plus PLC from GBX 1,325 ($17.10) to GBX 1,380 ($17.81) and gave the stock an outperform rating in a report on Monday, April 10th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Telecom plus PLC currently has a consensus rating of Buy and an average target price of GBX 1,241.67 ($16.03).

Shares of Telecom plus PLC (LON:TEP) traded up 1.35% during midday trading on Friday, hitting GBX 1273.00. 61,787 shares of the stock traded hands. The firm’s market capitalization is GBX 1.02 billion. The company’s 50-day moving average is GBX 1,233.06 and its 200 day moving average is GBX 1,208.73. Telecom plus PLC has a 52 week low of GBX 799.89 and a 52 week high of GBX 1,281.87.

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About Telecom plus PLC

Telecom Plus PLC is engaged in providing landline telephony (calls and line rental), broadband, mobile, gas, electricity and CashBack card services. The Company’s segments include Customer Acquisition and Customer Management. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers.

12 Month Chart for LON:TEP

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