Telecom plus PLC 1.5% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings
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Telecom plus PLC with EPIC/TICKER (LON:TEP) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Telecom plus PLC are listed in the Telecommunications sector within UK Main Market. JP Morgan Cazenove have set a target price of 1400 GBX on its stock. This would imply the analyst believes there is a potential downside of -1.5% from the opening price of 1422 GBX. Over the last 30 and 90 trading days the company share price has increased 50 points and increased 302 points respectively. The 52 week high for the share price is currently at 1585 GBX while the year low stock price is currently 907 GBX.

Telecom plus PLC has a 50 day moving average of 1,385.30 GBX and a 200 Day Moving Average share price is recorded at 1,366.24. There are currently 78,598,159 shares in issue with the average daily volume traded being 75,780. Market capitalisation for LON:TEP is £1,156,250,397 GBP.

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