Rating Flow: Telecom plus PLC (LON:TEP) Investors: Peel Hunt Reconfirms “Buy” Rating, Sees GBX 1300.00/Share

November 28, 2016 - By Dolores Ford

Telecom plus PLC (LON:TEP) Rating

London: In a research report sent to investors and clients on Monday, 28 November, Peel Hunt kept their “Buy” rating on shares of Telecom plus PLC (LON:TEP). They currently have a GBX 1300.00 price target on the firm. Peel Hunt’s target indicates a potential upside of 7.71% from the company’s previous stock close.

Telecom plus PLC (LON:TEP) Ratings Coverage

Out of 5 analysts covering Telecom plus PLC (LON:TEP), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. GBX 1400 is the highest target while GBX 850 is the lowest. The GBX 1134 average target is -7.35% below today’s (GBX 1223.91) stock price. Telecom plus PLC has been the topic of 27 analyst reports since October 23, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Peel Hunt given on Tuesday, November 22. The stock of Telecom plus PLC (LON:TEP) has “Overweight” rating given on Wednesday, April 20 by JP Morgan. The firm earned “Hold” rating on Tuesday, April 19 by Berenberg. The stock has “Buy” rating given by FinnCap on Tuesday, April 19. As per Wednesday, October 19, the company rating was maintained by Peel Hunt. The stock of Telecom plus PLC (LON:TEP) has “Buy” rating given on Tuesday, November 3 by FinnCap. The firm has “Buy” rating given on Tuesday, November 24 by Peel Hunt. The stock of Telecom plus PLC (LON:TEP) has “Buy” rating given on Tuesday, October 27 by Peel Hunt. FinnCap maintained it with “Buy” rating and GBX 1230 target price in Wednesday, May 4 report. As per Wednesday, February 3, the company rating was maintained by FinnCap.

About 9,277 shares traded hands. Telecom plus PLC (LON:TEP) has risen 30.40% since April 29, 2016 and is uptrending. It has outperformed by 24.38% the S&P500.

Analysts await Tallgrass Energy Partners LP (NYSE:TEP) to report earnings on February, 15. They expect $0.68 EPS, up 70.00% or $0.28 from last year’s $0.4 per share. TEP’s profit will be $49.09 million for 17.21 P/E if the $0.68 EPS becomes a reality. After $0.51 actual EPS reported by Tallgrass Energy Partners LP for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

Insitutional Activity: The institutional sentiment increased to 1.91 in 2016 Q2. Its up 0.79, from 1.12 in 2016Q1. The ratio increased, as 19 funds sold all Telecom plus PLC shares owned while 30 reduced positions. 23 funds bought stakes while 32 increased positions. They now own 38.72 million shares or 17.73% more from 32.89 million shares in 2016Q1.

Wells Fargo And Mn owns 269,143 shares or 0% of their US portfolio. Alliancebernstein Limited Partnership accumulated 5,720 shares or 0% of the stock. Kcg Holdg last reported 7,815 shares in the company. Yorkville Capital Ltd Liability owns 41,761 shares or 2.05% of their US portfolio. Miller Howard accumulated 0.22% or 270,905 shares. Credit Suisse Ag last reported 0.01% of its portfolio in the stock. Wfg L P holds 0% of its portfolio in Telecom plus PLC (LON:TEP) for 109 shares. Boston Advsr Limited Liability Com accumulated 0.11% or 97,110 shares. Cushing Asset L P holds 1.32% or 810,100 shares in its portfolio. Envestnet Asset Incorporated has 0% invested in the company for 2,413 shares. Engy Income Prns Ltd Llc last reported 1.5% of its portfolio in the stock. Glenmede Trust Na has 68,647 shares for 0.02% of their US portfolio. Solaris Asset Mngmt Ltd Liability Corp, a New York-based fund reported 1,976 shares. Quantbot Technologies Lp has invested 0.01% of its portfolio in Telecom plus PLC (LON:TEP). Northern Tru, a Illinois-based fund reported 34,762 shares.

Telecom Plus PLC is engaged in providing landline telephony , broadband, mobile, gas, electricity and CashBack card services. The company has a market cap of 983.13 million GBP. The Company’s divisions include Customer Acquisition and Customer Management. It has a 28.36 P/E ratio. The Customer Acquisition segment includes the sale of marketing materials, and sale of equipment, such as mobile phone handsets and wireless Internet routers.

According to Zacks Investment Research, “Tallgrass Energy Partners, L.P. owns, operates, acquires and develops midstream energy assets primarily in North America. It provides natural gas transportation and storage services for customers in the Rocky Mountain and Midwest regions of the United States through pipelines and natural gas processing assets. Tallgrass Energy Partners, LP is based in Overland Park, Kansas.”

TEP Company Profile

Tallgrass Energy Partners, LP, incorporated on February 6, 2013, owns, operates, acquires and develops midstream energy assets in North America. The Firm operates through three divisions: Crude Oil Transportation & Logistics, which includes the ownership and operation of a crude oil pipeline system; Natural Gas Transportation & Logistics, which includes the ownership and operation of Federal Energy Regulatory Commission (FERC)-regulated interstate natural gas pipelines and integrated natural gas storage facilities, and Processing & Logistics, which includes the ownership and operation of natural gas processing, treating and fractionation facilities, the provision of water business services primarily to the gas and oil exploration and production industry and the transportation of natural gas liquid (NGLs).

More news for Telecom plus PLC (LON:TEP) were recently published by: Fool.Co.Uk, which released: “Is Telecom Plus Plc A Falling Knife Worth Catching? Or Should You Just Buy …” on April 17, 2015. Fool.Co.Uk‘s article titled: “Is Telecom Plus PLC A Better Buy Than BT Group plc?” and published on June 17, 2015 is yet another important article.

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