Gamma Communications (GAMA) Receives “Add” Rating from Numis Securities

Numis Securities restated their add rating on shares of Gamma Communications (LON:GAMA) in a research note published on Thursday morning.

A number of other equities analysts have also recently commented on GAMA. Peel Hunt reiterated an add rating on shares of Gamma Communications in a report on Monday, October 1st. Citigroup lifted their target price on Gamma Communications from GBX 930 ($12.11) to GBX 1,025 ($13.35) and gave the stock a buy rating in a report on Wednesday, September 5th. Finally, Barclays lifted their target price on Gamma Communications from GBX 775 ($10.10) to GBX 1,000 ($13.03) and gave the stock an overweight rating in a report on Tuesday, September 11th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 947 ($12.34).

LON:GAMA opened at GBX 862 ($11.23) on Thursday. Gamma Communications has a 1 year low of GBX 463 ($6.03) and a 1 year high of GBX 770 ($10.03).

Gamma Communications (LON:GAMA) last released its quarterly earnings data on Monday, September 3rd. The company reported GBX 13.40 ($0.17) earnings per share (EPS) for the quarter. Gamma Communications had a return on equity of 26.40% and a net margin of 9.65%.

The business also recently announced a dividend, which will be paid on Thursday, October 18th. Stockholders of record on Thursday, September 20th will be issued a GBX 3.10 ($0.04) dividend. This represents a dividend yield of 0.34%. The ex-dividend date of this dividend is Thursday, September 20th.

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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