Gamma Communications (LON:GAMA) Earns "Buy" Rating from Berenberg Bank

Gamma Communications (LON:GAMA - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Berenberg Bank in a report released on Tuesday, MarketBeat reports. They currently have a GBX 1,900 ($23.20) price target on the stock. Berenberg Bank's target price would indicate a potential upside of 38.08% from the stock's current price.

GAMA has been the subject of several other reports. Shore Capital reiterated a "buy" rating on shares of Gamma Communications in a report on Tuesday, September 24th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Gamma Communications from GBX 2,250 ($27.47) to GBX 2,300 ($28.08) and gave the company a "buy" rating in a report on Monday, September 16th.

Gamma Communications Stock Down 2.3 %

LON:GAMA traded down GBX 32 ($0.39) during trading hours on Tuesday, hitting GBX 1,376 ($16.80). 328,399 shares of the company's stock traded hands, compared to its average volume of 444,803. The stock's fifty day moving average price is GBX 1,565.01 and its two-hundred day moving average price is GBX 1,555.77. The firm has a market cap of £1.32 billion, a P/E ratio of 2,372.41, a P/E/G ratio of 2.79 and a beta of 0.82. The company has a debt-to-equity ratio of 2.09, a quick ratio of 2.45 and a current ratio of 2.78. Gamma Communications has a twelve month low of GBX 1,072 ($13.09) and a twelve month high of GBX 1,917.60 ($23.41).

Gamma Communications Company Profile

Gamma Communications plc, together with its subsidiaries, engages in the provision of technology-based communications and software services for small, medium, and large sized to businesses in Western Europe. The company offers Unified Communications as a Service products for enabling businesses to raise productivity, boost agility, and increase collaboration; Contact Centre as a Service, through a software platform that allows contact centres to operate over the internet for SMEs and Enterprise; and Direct Routing and Operator Connect services, designed to enable seamless and integrated calling between Teams and the local telephony infrastructure.