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Telecom Plus (LON:TEP) Reaches New 12-Month High - Here's Why

Telecom Plus logo with Utilities background

Telecom Plus Plc (LON:TEP - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 2,100 ($28.69) and last traded at GBX 2,042.50 ($27.91), with a volume of 174909 shares traded. The stock had previously closed at GBX 2,075 ($28.35).

Analysts Set New Price Targets

Separately, Berenberg Bank assumed coverage on Telecom Plus in a research note on Wednesday, May 7th. They set a "buy" rating and a GBX 2,600 ($35.52) target price on the stock.

Get Our Latest Analysis on Telecom Plus

Telecom Plus Stock Down 1.1%

The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 77.52. The stock has a market cap of £1.55 billion, a P/E ratio of 22.01, a PEG ratio of 2.86 and a beta of 0.57. The firm has a 50-day simple moving average of GBX 1,966.74 and a two-hundred day simple moving average of GBX 1,792.68.

Telecom Plus (LON:TEP - Get Free Report) last released its quarterly earnings results on Tuesday, June 24th. The company reported GBX 119.20 ($1.63) EPS for the quarter. Telecom Plus had a net margin of 3.48% and a return on equity of 31.35%. Equities research analysts expect that Telecom Plus Plc will post 118.0645161 earnings per share for the current fiscal year.

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.

Further Reading

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