Published On: Wed, Oct 19th, 2016

Analysts At Peel Hunt Reiterated Telecom Plus PLC (LON:TEP) As Buy

Today analysts at Peel Hunt reiterated Telecom plus PLC’s (LON:TEP) shares as ‘Buy’ in a report released to investors.

According to Peel Hunts price target of 1225 on the company’s stock this indicates the broker now believes there is an increase of 2.08% from Telecom plus PLC’s current price of 1200.


In the last year Telecom plus PLC’s stock price has increased by 12.06% from 1070.81 to 1200.

The number of Telecom plus PLC shares in issue is 80,003,000 which have a current share price of 1200 bringing Telecom plus PLC’s market capitalisation to 960.04M GBp.

The 52 week high of shares in Telecom plus PLC is 1200.07 while the 52 week low for the company’s shares is 799.89. The businesses 50 day moving average is 1100.03 and its 200 day moving average is 1019.24.

Telecom Plus PLC is engaged in providing landline telephony (calls and line rental), broadband, mobile, gas, electricity and CashBack card services. The Company’s segments include Customer Acquisition and Customer Management. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers. The Customer Management segment is involved in the supply of fixed telephony, mobile telephony, gas, electricity and Internet services to residential and small business customers. CashBack card allows its members to earn cash back on shopping and bill payments. Its subsidiaries include Telecommunications Management Limited, which supplies fixed wire and mobile telecommunication services to business and public sector customers, and Electricity Plus Supply Limited and Gas Plus Supply Limited, which hold the licenses for the supply of energy services to residential and business customers in the United Kingdom.