Manx Telecom (MANX) Stock Rating Reaffirmed by Peel Hunt

Manx Telecom (LON:MANX)‘s stock had its “buy” rating reiterated by research analysts at Peel Hunt in a research note issued to investors on Monday. They presently have a GBX 250 ($3.36) target price on the stock. Peel Hunt’s price objective would suggest a potential upside of 30.89% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Numis Securities started coverage on Manx Telecom in a report on Tuesday, October 24th. They set an “add” rating and a GBX 220 ($2.96) target price for the company. Liberum Capital restated a “buy” rating and set a GBX 236 ($3.18) target price on shares of Manx Telecom in a report on Tuesday, September 12th.

Manx Telecom (MANX) opened at GBX 191 ($2.57) on Monday. Manx Telecom has a twelve month low of GBX 172 ($2.31) and a twelve month high of GBX 209 ($2.81).

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About Manx Telecom

Manx Telecom plc is a United Kingdom-based communications solutions provider. The Company offers a range of fixed line, broadband, mobile and data center services to businesses, consumers and the public sector on the Isle of Man. The Company’s segments include Fixed line, broadband and data; Mobile; Global solutions; Data centre, and Other.

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