Gamma Communications PLC (LON:GAMA) has been given an average rating of “Buy” by the six brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 906.25 ($11.84).
A number of research firms have weighed in on GAMA. Peel Hunt reaffirmed a “buy” rating on shares of Gamma Communications in a research note on Friday, November 2nd. Royal Bank of Canada cut shares of Gamma Communications to an “underperform” rating and boosted their target price for the stock from GBX 675 ($8.82) to GBX 750 ($9.80) in a research note on Thursday, October 11th. Numis Securities reaffirmed an “add” rating on shares of Gamma Communications in a research note on Thursday, October 4th. Barclays lifted their price target on shares of Gamma Communications from GBX 775 ($10.13) to GBX 1,000 ($13.07) and gave the stock an “overweight” rating in a report on Tuesday, September 11th. Finally, Citigroup lifted their price target on shares of Gamma Communications from GBX 930 ($12.15) to GBX 1,025 ($13.39) and gave the stock a “buy” rating in a report on Wednesday, September 5th.
LON:GAMA traded up GBX 2 ($0.03) during mid-day trading on Monday, reaching GBX 828 ($10.82). The stock had a trading volume of 30,522 shares, compared to its average volume of 61,573. Gamma Communications has a 12 month low of GBX 463 ($6.05) and a 12 month high of GBX 770 ($10.06).
Gamma Communications (LON:GAMA) last announced its quarterly earnings data on Monday, September 3rd. The company reported GBX 13.40 ($0.18) earnings per share (EPS) for the quarter.
The business also recently disclosed a dividend, which was paid on Thursday, October 18th. Stockholders of record on Thursday, September 20th were issued a dividend of GBX 3.10 ($0.04) per share. The ex-dividend date was Thursday, September 20th. This represents a dividend yield of 0.34%.
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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