Gamma Communications (LON:GAMA)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities in a report released on Monday. They currently have a GBX 810 ($10.98) target price on the stock. Numis Securities’ price target points to a potential upside of 26.17% from the company’s current price.
Separately, Peel Hunt reaffirmed an “add” rating and set a GBX 733 ($9.94) price objective on shares of Gamma Communications in a research note on Monday, October 2nd.
Shares of Gamma Communications (GAMA) opened at GBX 642 ($8.71) on Monday. Gamma Communications has a 52 week low of GBX 450.83 ($6.11) and a 52 week high of GBX 671.71 ($9.11). The company has a market cap of $598.92 and a PE ratio of 3,057.14.
TRADEMARK VIOLATION NOTICE: “Numis Securities Reaffirms Buy Rating for Gamma Communications (GAMA)” was originally reported by Markets Daily and is the sole property of of Markets Daily. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://www.themarketsdaily.com/2018/01/10/numis-securities-reaffirms-buy-rating-for-gamma-communications-gama.html.
About Gamma Communications
Gamma Communications plc (Gamma) is a provider of cloud communication services. The Company has two main operating segments: Indirect and Direct. The Indirect division sells Gamma’s traditional and growth products to channel partners. The Direct sells Gamma’s traditional and growth products to end users in the small and medium-sized enterprise (SME), Enterprise and public sectors together with an associated service wrap.
Receive News & Ratings for Gamma Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gamma Communications and related companies with MarketBeat.com's FREE daily email newsletter.