Telecom Plus Plc (LON:TEP - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 2,030 ($26.99) and last traded at GBX 1,992 ($26.49), with a volume of 29674 shares trading hands. The stock had previously closed at GBX 2,000 ($26.60).
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank began coverage on Telecom Plus in a research report on Wednesday, May 7th. They set a "buy" rating and a GBX 2,600 ($34.57) target price on the stock.
Get Our Latest Stock Analysis on TEP
Telecom Plus Stock Down 0.4%
The business has a fifty day moving average price of GBX 1,791.79 and a two-hundred day moving average price of GBX 1,738.09. The company has a debt-to-equity ratio of 77.52, a current ratio of 1.77 and a quick ratio of 1.29. The firm has a market capitalization of £1.58 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57.
Telecom Plus Company Profile
(
Get Free Report)
Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Telecom Plus, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telecom Plus wasn't on the list.
While Telecom Plus currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
