Telecom Plus Plc (LON:TEP - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 2,070 ($28.05) and last traded at GBX 2,045 ($27.71), with a volume of 15217 shares traded. The stock had previously closed at GBX 2,010 ($27.24).
Analysts Set New Price Targets
Separately, Berenberg Bank initiated coverage on shares of Telecom Plus in a research report on Wednesday, May 7th. They issued a "buy" rating and a GBX 2,600 ($35.24) target price for the company.
View Our Latest Stock Analysis on Telecom Plus
Telecom Plus Stock Performance
The company has a 50 day simple moving average of GBX 1,867.37 and a 200-day simple moving average of GBX 1,767.22. The stock has a market cap of £1.66 billion, a P/E ratio of 23.48, a price-to-earnings-growth ratio of 2.86 and a beta of 0.57. The company has a debt-to-equity ratio of 77.52, a current ratio of 1.77 and a quick ratio of 1.29.
Telecom Plus Company Profile
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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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