Gamma Communications’ (LON:GAMA) Add Rating Reiterated at Numis Securities

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Gamma Communications (LON:GAMA)‘s stock had its “add” rating reaffirmed by stock analysts at Numis Securities in a note issued to investors on Thursday, October 4th.

A number of other equities research analysts have also weighed in on the company. Barclays boosted their target price on Gamma Communications from GBX 775 ($10.13) to GBX 1,000 ($13.07) and gave the company an “overweight” rating in a research note on Tuesday, September 11th. Peel Hunt restated an “add” rating on shares of Gamma Communications in a report on Friday, August 31st. Finally, Citigroup boosted their price target on Gamma Communications from GBX 930 ($12.15) to GBX 1,025 ($13.39) and gave the company a “buy” rating in a report on Wednesday, September 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. Gamma Communications has an average rating of “Buy” and an average target price of GBX 927.50 ($12.12).

LON:GAMA opened at GBX 808 ($10.56) on Thursday. Gamma Communications has a 52-week low of GBX 463 ($6.05) and a 52-week high of GBX 770 ($10.06).

Gamma Communications (LON:GAMA) last posted its quarterly earnings data on Monday, September 3rd. The company reported GBX 13.40 ($0.18) earnings per share (EPS) for the quarter. Gamma Communications had a return on equity of 26.40% and a net margin of 9.65%.

Gamma Communications Company Profile

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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Analyst Recommendations for Gamma Communications (LON:GAMA)

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