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Telecom plus PLC (LON:TEP) target price raised to 1,290.00GBX, reported today by JP Morgan Cazenove

Telecom plus PLC (LON:TEP) had its target price raised to 1,290.00GBX by JP Morgan Cazenove in a report released 11/23/2016. The new target price indicates a possible upside of 0.06% based on the company's last stock close price.

Previously on 11/22/2016, Peel Hunt reported about Telecom plus PLC (LON:TEP) raised the target price from 1,225.00GBX to 1,300.00GBX. At the time, this indicated a possible upside of 0.07%.

Yesterday Telecom plus PLC (LON:TEP) traded 0.91% higher at 1,220.50GBX. The company’s 50-day moving average is 1,171.78GBX and its 200-day moving average is 1,075.12GBX. The last stock close price is up 12.92% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 48,489 shares of the stock were exchanged, down from an average trading volume of 88,172

See Chart Below

Telecom plus PLC (LON:TEP)

Telecom plus PLC has a 52 week low of 799.89GBX and a 52 week high of 1,260.00GBX with a P/E ratio of 30.66 The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is 1,143.33GBX with 2 firms rating the stock a strong buy, 1 firm rating the stock a buy, 1 firm rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About 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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