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Telecom Plus (LON:TEP) Hits New 12-Month High - What's Next?

Telecom Plus logo with Utilities background

Telecom Plus Plc (LON:TEP - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 2,030 ($27.48) and last traded at GBX 1,992 ($26.97), with a volume of 29674 shares changing hands. The stock had previously closed at GBX 2,000 ($27.07).

Analyst Ratings Changes

Separately, Berenberg Bank started coverage on Telecom Plus in a research note on Wednesday, May 7th. They set a "buy" rating and a GBX 2,600 ($35.20) target price for the company.

Check Out Our Latest Analysis on Telecom Plus

Telecom Plus Price Performance

The company has a 50 day moving average of GBX 1,822.13 and a 200-day moving average of GBX 1,749.95. The stock has a market capitalization of £1.62 billion, a P/E ratio of 22.92, a PEG ratio of 2.86 and a beta of 0.57. The company has a quick ratio of 1.29, a current ratio of 1.77 and a debt-to-equity ratio of 77.52.

About Telecom Plus

(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.

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