Telecom Plus (LON:TEP) Insider Gemma Godfrey Purchases 1,367 Shares

Telecom Plus Plc (LON:TEP) insider Gemma Godfrey purchased 1,367 shares of the business’s stock in a transaction that occurred on Wednesday, June 24th. The stock was bought at an average price of GBX 726 per share, for a total transaction of £9,924.42.

Telecom Plus Stock Up 4.7%

Shares of Telecom Plus stock opened at GBX 743.30 on Wednesday. The company has a current ratio of 1.97, a quick ratio of 1.28 and a debt-to-equity ratio of 101.39. Telecom Plus Plc has a 12-month low of GBX 638 and a 12-month high of GBX 2,065. The company has a market cap of £593.41 million, a P/E ratio of 9.03, a PEG ratio of 2.86 and a beta of 0.42. The company’s fifty day simple moving average is GBX 1,102.78 and its two-hundred day simple moving average is GBX 1,263.31.

Telecom Plus (LON:TEP) last posted its earnings results on Wednesday, June 24th. The company reported GBX 102.20 EPS for the quarter. The firm had revenue of GBX 194.11 billion during the quarter. Telecom Plus had a net margin of 3.51% and a return on equity of 27.40%. Research analysts anticipate that Telecom Plus Plc will post 118.0645161 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 2,000 price target on shares of Telecom Plus in a research note on Wednesday, May 6th. Berenberg Bank reiterated a “buy” rating and issued a GBX 2,600 price target on shares of Telecom Plus in a research note on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,400.

Telecom Plus Company Profile

Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands. Telecom Plus Plc was incorporated in 1996 and is based in London, the United Kingdom.