Gamma Communications’ (GAMA) “Add” Rating Reiterated at Peel Hunt

Gamma Communications (LON:GAMA)‘s stock had its “add” rating reissued by equities researchers at Peel Hunt in a note issued to investors on Friday.

Several other analysts have also commented on GAMA. Numis Securities reissued a “buy” rating on shares of Gamma Communications in a report on Monday, April 30th. Investec raised their price objective on Gamma Communications from GBX 750 ($10.06) to GBX 850 ($11.40) and gave the company a “buy” rating in a report on Thursday, March 22nd. Finally, Barclays assumed coverage on Gamma Communications in a report on Friday, February 9th. They issued an “overweight” rating and a GBX 750 ($10.06) price objective on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of GBX 790 ($10.60).

Gamma Communications opened at GBX 736 ($9.88) on Friday, Marketbeat Ratings reports. Gamma Communications has a 52 week low of GBX 463 ($6.21) and a 52 week high of GBX 770 ($10.33).

In other Gamma Communications news, insider Andrew Jonathan Stone sold 28,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 24th. The stock was sold at an average price of GBX 728 ($9.77), for a total value of £207,480 ($278,384.54).

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.

Analyst Recommendations for Gamma Communications (LON:GAMA)

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