The stock of Manitoba Telecom Services Inc (TSE:MBT) is a huge mover today! About 16,309 shares traded hands. Manitoba Telecom Services Inc (TSE:MBT) has risen 15.19% since April 1, 2016 and is uptrending. It has outperformed by 13.23% the S&P500.
The move comes after 9 months positive chart setup for the $2.81B company. It was reported on Nov, 8 by Barchart.com. We have $49.26 PT which if reached, will make TSE:MBT worth $871.10M more.
Manitoba Telecom Services Inc (TSE:MBT) Ratings Coverage
Out of 7 analysts covering Manitoba Telecom Services (TSE:MBT), 3 rate it a “Buy”, 2 “Sell”, while 2 “Hold”. This means 43% are positive. $40 is the highest target while $26 is the lowest. The $31.25 average target is -16.89% below today’s ($37.6) stock price. Manitoba Telecom Services has been the topic of 17 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, November 26 by National Bank Canada. National Bank Canada upgraded the stock to “Outperform” rating in Thursday, November 5 report. The firm earned “Sell” rating on Tuesday, August 4 by Canaccord Genuity.
More important recent Manitoba Telecom Services Inc (TSE:MBT) news were published by: Business.Financialpost.com which released: “Why BCE Inc should buy Manitoba Telecom Services Inc” on September 02, 2015, also Cbc.ca published article titled: “Court approves BCE friendly takeover of Manitoba Telecom Services”, Cbc.ca published: “Manitoba Telecom Services sells Allstream business for $465M” on November 23, 2015. More interesting news about Manitoba Telecom Services Inc (TSE:MBT) was released by: Business.Financialpost.com and their article: “Is Manitoba Telecom Services Inc a takeover target?” with publication date: December 14, 2015.
Manitoba Telecom Services Inc. is an information and communications technology provider. The company has a market cap of $2.81 billion. The Firm provides an array of business solutions, including information solutions and business telecommunications services. It has a 66.52 P/E ratio. These solutions include wireless, Internet Protocol (IP) networking, phone services, security services, technology infrastructure, application development, managed services, networking services and unified cloud services provided by MTS, MTS Data Centres, AAA Security (AAA), EPIC Information Solutions (EPIC) and The Technology Consortium (TTC).
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