Peel Hunt reiterated their add rating on shares of Gamma Communications (LON:GAMA) in a research report sent to investors on Monday, ThisIsMoney.Co.Uk reports.
GAMA has been the topic of several other research reports. Barclays lifted their target price on Gamma Communications from GBX 1,150 ($15.03) to GBX 1,250 ($16.33) and gave the company an overweight rating in a research note on Friday, September 6th. Royal Bank of Canada reissued an overweight rating and set a GBX 1,250 ($16.33) target price on shares of Gamma Communications in a research note on Friday, September 6th. Numis Securities reissued an add rating on shares of Gamma Communications in a research note on Thursday, May 16th. Finally, Jefferies Financial Group lifted their target price on Gamma Communications from GBX 1,130 ($14.77) to GBX 1,270 ($16.59) and gave the company a buy rating in a research note on Monday, August 12th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of GBX 1,199 ($15.67).
Shares of GAMA opened at GBX 1,190 ($15.55) on Monday. The business’s 50 day moving average is GBX 1,061.27 and its 200 day moving average is GBX 1,050.24. The company has a market capitalization of $1.13 billion and a PE ratio of 33.06. Gamma Communications has a 12-month low of GBX 640 ($8.36) and a 12-month high of GBX 1,250 ($16.33). The company has a current ratio of 2.10, a quick ratio of 1.98 and a debt-to-equity ratio of 6.73.
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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