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Telecom Plus ( (GB:TEP) ) has issued an announcement.
Telecom Plus PLC has announced its total number of ordinary shares and voting rights, which stands at 80,081,517, excluding shares held in treasury. This information is crucial for shareholders to determine their interest or changes in their interest in the company under the Disclosure and Transparency Rules. Additionally, 252,638 ordinary shares held in the Telecom Plus PLC JSOP Share Trust have waived voting rights but are included in the total voting rights figure.
The most recent analyst rating on (GB:TEP) stock is a Hold with a £1697.00 price target. To see the full list of analyst forecasts on Telecom Plus stock, see the GB:TEP Stock Forecast page.
Spark’s Take on GB:TEP Stock
According to Spark, TipRanks’ AI Analyst, GB:TEP is a Neutral.
Telecom Plus’s overall stock score is driven by a mixed financial performance and bearish technical indicators. The company’s strong dividend yield and reasonable valuation provide some support, but the significant revenue decline and bearish market momentum are key concerns. Investors should be cautious and monitor for improvements in revenue and technical trends.
To see Spark’s full report on GB:TEP stock, click here.
More about Telecom Plus
Telecom Plus PLC operates in the telecommunications industry, providing a range of services and products related to communication technologies. The company focuses on delivering telecommunication solutions to a broad market, aiming to enhance connectivity and communication efficiency.
Average Trading Volume: 126,671
Technical Sentiment Signal: Sell
Current Market Cap: £1.29B
For detailed information about TEP stock, go to TipRanks’ Stock Analysis page.