What Will Happen to Telecom plus PLC Next? The Stock Just Has Increased A Lot

 What Will Happen to Telecom plus PLC Next? The Stock Just Has Increased A Lot

The stock of Telecom plus PLC (LON:TEP) is a huge mover today! The stock increased 1.72% or GBX 20.39 on November 18, hitting GBX 1202.39. About 132,303 shares traded hands or 48.74% up from the average. Telecom plus PLC (LON:TEP) has risen 34.62% since April 20, 2016 and is uptrending. It has outperformed by 30.19% the S&P500.
The move comes after 7 months positive chart setup for the GBX 998.80M company. It was reported on Nov, 18 by Barchart.com. We have GBX 1502.99 PT which if reached, will make LON:TEP worth GBX 249.70M more.

Telecom plus PLC (LON:TEP) Ratings Coverage

Out of 5 analysts covering Telecom plus PLC (LON:TEP), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. GBX 1400 is the highest target while GBX 850 is the lowest. The GBX 1113 average target is -7.43% below today’s (GBX 1202.39) stock price. Telecom plus PLC has been the topic of 23 analyst reports since October 23, 2015 according to StockzIntelligence Inc. Peel Hunt maintained the shares of TEP in a report on Tuesday, November 24 with “Buy” rating. Peel Hunt maintained the shares of TEP in a report on Monday, March 21 with “Buy” rating. The firm has “Hold” rating given on Wednesday, April 6 by Berenberg. The company was maintained on Tuesday, October 27 by Peel Hunt. The rating was maintained by Peel Hunt with “Buy” on Friday, November 18. The stock of Telecom plus PLC (LON:TEP) has “Buy” rating given on Thursday, August 18 by FinnCap. The firm has “Hold” rating by Berenberg given on Tuesday, April 19. The stock of Telecom plus PLC (LON:TEP) has “Overweight” rating given on Wednesday, June 15 by JP Morgan. The stock has “Buy” rating given by Peel Hunt on Tuesday, June 14. The rating was maintained by JP Morgan on Friday, July 8 with “Overweight”.

More recent Telecom plus PLC (LON:TEP) news were published by: Fool.Co.Uk which released: “Is Telecom Plus Plc A Falling Knife Worth Catching? Or Should You Just Buy …” on April 17, 2015. Also Fool.Co.Uk published the news titled: “Telecom Plus PLC Crashes On Profit Warning After £11m Write-Off” on April 16, 2015. Fool.Co.Uk‘s news article titled: “Why Are Bilby PLC And Telecoms Plus PLC Rising Today?” with publication date: June 23, 2015 was also an interesting one.

Telecom Plus PLC is engaged in providing landline telephony , broadband, mobile, gas, electricity and CashBack card services. The company has a market cap of 998.80 million GBP. The Company’s divisions include Customer Acquisition and Customer Management. It has a 30.32 P/E ratio. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers.

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