Gamma Communications (LON:GAMA) had its target price upped by Jefferies Financial Group from GBX 1,130 ($14.77) to GBX 1,270 ($16.59) in a research note released on Monday morning, ThisIsMoney.Co.Uk reports. Jefferies Financial Group currently has a buy rating on the stock.
Several other equities analysts also recently weighed in on the stock. Numis Securities reissued an add rating on shares of Gamma Communications in a research note on Thursday, May 16th. Peel Hunt reissued an add rating on shares of Gamma Communications in a research note on Monday, August 5th. Finally, Barclays raised their price target on shares of Gamma Communications from GBX 1,100 ($14.37) to GBX 1,150 ($15.03) and gave the stock an overweight rating in a research note on Thursday, July 11th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. Gamma Communications currently has an average rating of Hold and an average target price of GBX 1,065 ($13.92).
LON:GAMA opened at GBX 1,050 ($13.72) on Monday. The company’s 50-day moving average price is GBX 1,068.83 and its 200-day moving average price is GBX 1,026.81. The company has a current ratio of 2.17, a quick ratio of 2.04 and a debt-to-equity ratio of 3.62. The company has a market cap of $992.95 million and a P/E ratio of 35.00. Gamma Communications has a twelve month low of GBX 640 ($8.36) and a twelve month high of GBX 1,250 ($16.33).
About Gamma Communications
Gamma Communications plc provides voice, data, and mobile services for the business market in the United Kingdom. Its voice services include hosted phone system, horizon call center, connect, PBX v hosted, SIP trunk, inbound, call and line, and SIP trunk call manager; and data services comprise broadband, fiber broadband, assured and converged broadband, fiber Ethernet, Ethernet in the first mile, fiber to the cabinet (FTTC) Ethernet, converged FTTC broadband, converged Ethernet, and converged private network services.
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