Deutsche Bank Aktiengesellschaft Raises Gamma Communications (LON:GAMA) Price Target to GBX 2,300

Gamma Communications (LON:GAMA) had its price target boosted by analysts at Deutsche Bank Aktiengesellschaft from GBX 2,250 ($29.72) to GBX 2,300 ($30.38) in a research note issued to investors on Monday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 36.09% from the company’s current price.

A number of other equities research analysts also recently commented on GAMA. Shore Capital reiterated a “buy” rating on shares of Gamma Communications in a report on Tuesday, September 10th. Berenberg Bank initiated coverage on shares of Gamma Communications in a research note on Monday, June 3rd. They issued a “buy” rating and a GBX 1,980 ($26.16) target price for the company.

Gamma Communications Trading Down 0.6 %

LON:GAMA opened at GBX 1,690 ($22.32) on Monday. Gamma Communications has a 1 year low of GBX 980.10 ($12.95) and a 1 year high of GBX 1,728 ($22.83). The company has a debt-to-equity ratio of 3.40, a quick ratio of 2.45 and a current ratio of 2.92. The stock has a fifty day moving average price of GBX 1,511.97 and a two-hundred day moving average price of GBX 1,421.17. The stock has a market capitalization of £1.62 billion, a price-to-earnings ratio of 3,072.73, a PEG ratio of 2.79 and a beta of 0.82.

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.