Manx Telecom (MANX) Earns Hold Rating from Peel Hunt

Manx Telecom (MANX) Earns Hold Rating from Peel Hunt

Manx Telecom (LON:MANX)‘s stock had its “hold” rating restated by research analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, April 16th, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued research reports about the stock. Barclays cut their target price on shares of Manx Telecom from GBX 200 ($2.61) to GBX 190 ($2.48) and set an “overweight” rating for the company in a research note on Monday, February 4th. Liberum Capital reissued a “buy” rating on shares of Manx Telecom in a research note on Wednesday, January 16th.

Shares of LON:MANX remained flat at $GBX 215.50 ($2.82) during midday trading on Tuesday. The stock has a market capitalization of $248.03 million and a PE ratio of 20.72. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 83.06. Manx Telecom has a twelve month low of GBX 148.50 ($1.94) and a twelve month high of GBX 265.50 ($3.47).

Manx Telecom Company Profile

Manx Telecom plc provides a range of telecommunications services to consumers, businesses, and the public sector in the Isle of Man and internationally. It operates through five segments: Fixed Line, Broadband and Data; Mobile; Global Solutions; Data Centre; and Other. The Fixed Line, Broadband and Data segment offers fixed line, broadband, and connectivity services to approximately 37,000 homes and 4,000 businesses.

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