Todays Report: Today, Telecom plus PLC (TEP) PT Raised to GBX 1,290 at JPMorgan Chase & Co.

Today, Telecom plus PLC (TEP) PT Raised to GBX 1,290 at JPMorgan Chase & Co.

Telecom plus PLC (LON:TEP) had its target price hoisted by JPMorgan Chase & Co. from GBX 1,260 ($15.63) to GBX 1,290 ($16.00) in a research report sent to investors on Wednesday morning. The firm currently has an overweight rating on the stock.

A number of other equities analysts have also commented on the stock. FinnCap reiterated a buy rating and set a GBX 1,230 ($15.26) price target on shares of Telecom plus PLC in a report on Monday, November 21st. Peel Hunt reiterated a buy rating and set a GBX 1,300 ($16.13) price target (up previously from GBX 1,225 ($15.20)) on shares of Telecom plus PLC in a report on Friday, November 18th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Telecom plus PLC presently has a consensus rating of Buy and a consensus target price of GBX 1,174 ($14.56).

Telecom plus PLC (LON:TEP) opened at 1233.00 on Wednesday. Telecom plus PLC has a 12-month low of GBX 799.89 and a 12-month high of GBX 1,260.00. The firm’s 50-day moving average price is GBX 1,177.44 and its 200-day moving average price is GBX 1,078.62. The company’s market cap is GBX 986.44 million.

The company also recently announced a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, December 1st will be issued a GBX 23 ($0.29) dividend. The ex-dividend date of this dividend is Thursday, December 1st. This represents a yield of 1.89%.

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