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A statement released earlier today by Peel Hunt about Telit Communications PLC (LON:TCM) maintains the target price at 320.00GBX

Reporting a potential upside of 0.22%, Peel Hunt hold steady the target price of Telit Communications PLC (LON:TCM) at 320.00GBX

On 9/29/2016, Berenberg released a statement on Telit Communications PLC (LON:TCM) bumped up the target price from 280.00GBX to 2,580.00GBX that suggested an upside of 10.42%.

Boasting a price of 262.25GBX, Telit Communications PLC (LON:TCM) traded 1.14% higher on the day. With the last close up 13.81% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Telit Communications PLC has recorded a 50-day average of 254.30GBX and a two hundred day average of 233.27GBX. Volume of trade was down over the average, with 10,249 shares of TCM changing hands under the typical 865,710

Performance Chart

Telit Communications PLC (LON:TCM)

With a total market value of 0 GBX, Telit Communications PLC has 52 week low of 167.75GBX and a 52 week high of 336.00GBX with a PE ratio of 29.50 .

Also covering Telit Communications PLC's stock price target, a total of 4 analysts have released a report on the company. The average stock price target is 4.22GBX with 2 firms rating the stock a strong buy, one analyst rating the company a buy, one equity analyst rating the company a hold, zero firms rating the stock a underperform, and finally 0 brokers rating the company a sell.

Brief Synopsis About Telit Communications PLC (LON:TCM)

Telit Communications PLC (Telit) is a United Kingdom-based enabler of machine-to-machine (M2M) communications providing cellular, short range and positioning modules via its brand Telit Wireless Solutions. The Company develops and markets cellular, global navigation satellite system (GNSS), short-to-long range wireless modules plus mobile connectivity services and application enablement platform to onboard edge devices to the Internet of Things (IoT). The Company is organized into three geographical segments: EMEA, APAC and Americas. Through its business unit m2mAIR, Telit provides platform as a service (PaaS), including M2M managed and value added services, application enablement and connectivity, including mobile network side and cloud backend services. Its modules are integrated in a range of applications, including asset tracking, remote industrial monitoring, automated utility meter reading, insurance telematics, consumer electronics and mobile health devices.

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