Rating Action: Telford Homes PLC (LON:TEF) Stock Rating Reiterated by Canaccord Genuity; The GBX 330.00 Target Indicates 4.06% Potential

November 30, 2016 - By Ruchi Gupta

Telford Homes PLC (LON:TEF) Rating

The financial firm have set target of GBX 330.00 on Telford Homes PLC (LON:TEF) shares. This is 4.06% from the last stock close. In analysts report sent to clients and investors on Wednesday, 30 November, Canaccord Genuity restate their Hold rating on shares of TEF.

Telford Homes plc (LON:TEF) Ratings Coverage

Out of 4 analysts covering Telford Homes PLC (LON:TEF), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. GBX 485 is the highest target while GBX 290 is the lowest. The GBX 421.13 average target is 34.01% above today’s (GBX 314.25) stock price. Telford Homes PLC has been the topic of 18 analyst reports since November 6, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained it with “Equal-Weight” rating and GBX 474.80 target price in Friday, November 6 report. The company was maintained on Monday, February 15 by Peel Hunt. Canaccord Genuity maintained it with “Hold” rating and GBX 400 target price in Friday, April 22 report. Peel Hunt maintained it with “Buy” rating and GBX 485 target price in Wednesday, October 12 report. The rating was maintained by Peel Hunt on Tuesday, May 31 with “Buy”. Peel Hunt maintained Telford Homes plc (LON:TEF) on Thursday, November 26 with “Buy” rating. The stock of Telford Homes plc (LON:TEF) has “Buy” rating given on Monday, February 8 by Peel Hunt. The firm has “Buy” rating by Peel Hunt given on Monday, November 16. Peel Hunt maintained the shares of TEF in a report on Wednesday, April 13 with “Buy” rating. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, October 12.

About 198,679 shares traded hands. Telford Homes plc (LON:TEF) has declined 5.64% since May 2, 2016 and is downtrending. It has underperformed by 10.87% the S&P500.

Analysts await Telefonica S.A. (ADR) (NYSE:TEF) to report earnings on February, 24. They expect $0.18 earnings per share, up 20.00% or $0.03 from last year’s $0.15 per share. TEF’s profit will be $904.50 million for 11.67 P/E if the $0.18 EPS becomes a reality. After $0.21 actual earnings per share reported by Telefonica S.A. (ADR) for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth.

Telford Homes Plc is a residential developer operating across London. The company has a market cap of 235.67 million GBP. The Firm is engaged in planning, designing and building developments on brownfield sites in London. It has a 7.83 P/E ratio. The Firm operates through the segment of housebuilding in the United Kingdom.

According to Zacks Investment Research, “Telefonica is the largest supplier of telecommunications services in the Spanish and Portuguese speaking world. They provide fixed-link public voice telephone, mobile phone service, internet access, data transmission, directories and broadcast media.”

TEF Company Profile

Telefonica, S.A., incorporated on April 19, 1924, is an integrated and diversified telecommunications group operating in Europe and Latin America. The Company’s services and products include Mobile business, Fixed-line telephony business and Digital services. The Company’s divisions include Telefonica Spain, Telefonica Brazil, Telefonica Germany, Telefonica UK and Telefonica Hispanoamerica (formed by the Company’s operators in Argentina, Chile, Peru, Colombia, Mexico, Venezuela and Central America, Ecuador and Uruguay). These divisions are engaged in activities relating to wireline, wireless, cable, data, Internet and television (TV) businesses and other digital services in accordance with each location.

More recent Telford Homes plc (LON:TEF) news were published by: Fool.Co.Uk which released: “Will London’s Sky-High Real Estate Prices Send Telford Homes Plc & Foxtons …” on April 04, 2016. Also Fool.Co.Uk published the news titled: “Are Small-Cap Housebuilders Telford Homes plc And MJ Gleeson PLC Better Value …” on May 26, 2015. Fool.Co.Uk‘s news article titled: “Is it time to sell cyclicals Lloyds Banking Group plc, Rightmove plc and …” with publication date: May 20, 2016 was also an interesting one.

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