Telecity Group (LON:TCY) Rating Reaffirmed
RBC Capital Markets now has a GBX 1230.00 target on the 2.49B GBP market cap company or 0.49% upside potential. In a recent research report distributed on Tuesday, 1 December, Telecity Group (LON:TCY) shares have had their “Neutral” Rating kept steady by research analysts at RBC Capital Markets.
From a total of 9 analysts covering Telecity Group PLC (LON:TCY) stock, 2 rate it a ”Buy”, 1 a “Sell”, and 7 a ”Hold”. This means that 20% of the ratings are positive. The highest target price is GBX 1220 while the lowest target price is GBX 900. The mean of all analyst targets is GBX 1083.22 with a -7.78% below today’s (GBX 1224.49) stock price. Telecity Group PLC was the topic of 10 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets downgraded shares on December 1 to “Sector Perform” rating. Jefferies maintained shares with “Buy” rating and GBX 1120 target share price in a report from a July 30. Evercore maintained TCY stock in a recent report from November 9 with “Hold” rating. Finally, Numis Securities maintained the stock with “Hold” rating in a report issued on an October 28.
The stock increased 0.29% or GBX 3.49 on December 1, striking GBX 1224.49. Approximately 527,362 shares of stock traded hands or 3.56% up from the average. TeleCity Group Plc (LON:TCY) has risen 36.42% since May 4, 2015 and is uptrending. It has outperformed by 38.05% the S&P500.
TelecityGroup plc is a United Kingdom company. The company has a market cap of 2.49 billion GBP. The Firm is engaged in building and operating data centres in key internet cities across Europe. It has 97.44 P/E ratio. It operates highly-connected facilities in strategic internet hub cities across Europe.