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The latest update is out from Telecom Plus ( (GB:TEP) ).
Telecom Plus PLC has announced that the total number of ordinary shares, excluding those held in treasury, is 80,080,823. This figure is significant for shareholders as it determines the calculations for notifying changes in their interest under the Disclosure and Transparency Rules. The announcement also notes that 252,638 shares held in the JSOP Share Trust have waived voting rights, yet are included in the total voting rights figure.
The most recent analyst rating on (GB:TEP) stock is a Hold with a £1973.00 price target. To see the full list of analyst forecasts on Telecom Plus stock, see the GB:TEP Stock Forecast page.
Spark’s Take on GB:TEP Stock
According to Spark, TipRanks’ AI Analyst, GB:TEP is a Neutral.
Telecom Plus’s overall stock score is driven by its mixed financial performance, with strengths in profitability and balance sheet stability but concerns over revenue decline and cash flow conversion. The technical analysis indicates a bearish trend, while the valuation is supported by a reasonable P/E ratio and an attractive dividend yield.
To see Spark’s full report on GB:TEP stock, click here.
More about Telecom Plus
Telecom Plus PLC operates in the telecommunications industry, providing a range of services and products primarily focused on communication solutions. The company is known for its comprehensive offerings in the telecom sector, catering to a diverse market.
Average Trading Volume: 108,227
Technical Sentiment Signal: Buy
Current Market Cap: £1.43B
For detailed information about TEP stock, go to TipRanks’ Stock Analysis page.