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A statement released earlier today by JP Morgan Cazenove about Telecom plus PLC (LON:TEP) raises the target price to 1,360.00GBX

Telecom plus PLC (LON:TEP) had its target price raised to 1,360.00GBX by JP Morgan Cazenove in a report released 4/21/2017. The new target price indicates steady performance relative to the company's last stock close price.

Previously on 04/20/2017, finnCap reported about Telecom plus PLC (LON:TEP) held steady the target price at 1,360.00GBX. At the time, this indicated a possible upside of 0.09%.

Yesterday Telecom plus PLC (LON:TEP) traded -0.48% lower at 0.00GBX. The company’s 50-day moving average is 1,209.36GBX and its 200-day moving average is 1,198.00GBX. The last stock close price is down 1.93% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 4,579 shares of the stock were exchanged, down from an avg. volume of 73,980

Recent Performance Chart

Telecom plus PLC (LON:TEP)

Telecom plus PLC has PE ratio of 28.33 with a one year low of 799.89GBX and a one year high of 1,271.00GBX and has a market capitalization of 0 GBX.

A total of 6 brokerages have issued a ratings update on Telecom plus PLC. Two brokerages rating the company a strong buy, one brokerage rating the company a buy, one brokerage rating the company a hold, one brokerage rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 1,143.33GBX.

General Company Details For Telecom plus PLC (LON:TEP)

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.

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