Gamma Communications (LON:GAMA) Given Buy Rating at Peel Hunt

Gamma Communications (LON:GAMA)‘s stock had its “buy” rating reaffirmed by investment analysts at Peel Hunt in a report issued on Thursday,Digital Look reports. They currently have a GBX 1,820 target price on the stock. Peel Hunt’s price target points to a potential upside of 89.39% from the stock’s previous close.

Several other brokerages have also recently commented on GAMA. Shore Capital reissued a “buy” rating and set a GBX 1,500 price target on shares of Gamma Communications in a research report on Tuesday, September 9th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,570 price target on shares of Gamma Communications in a research report on Friday, October 17th. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 1,630.

Gamma Communications Stock Performance

Shares of GAMA stock opened at GBX 961 on Thursday. Gamma Communications has a 12 month low of GBX 930 and a 12 month high of GBX 1,734. The company’s fifty day simple moving average is GBX 996.52 and its 200-day simple moving average is GBX 1,096.12. The firm has a market cap of £885.66 million, a PE ratio of 13.85, a P/E/G ratio of 2.79 and a beta of 0.82. The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.08.

Gamma Communications (LON:GAMA) last issued its quarterly earnings results on Tuesday, September 9th. The company reported GBX 48 earnings per share (EPS) for the quarter. Gamma Communications had a net margin of 10.29% and a return on equity of 16.09%. Equities research analysts expect that Gamma Communications will post 89.6398892 EPS for the current fiscal year.

About Gamma Communications

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.