Manx Telecom (MANX) Receives Overweight Rating from Barclays

Barclays reiterated their overweight rating on shares of Manx Telecom (LON:MANX) in a research report released on Friday. They currently have a GBX 220 ($2.98) price target on the stock.

Other equities research analysts have also recently issued research reports about the company. Peel Hunt reaffirmed a buy rating and issued a GBX 250 ($3.39) price target on shares of Manx Telecom in a report on Friday, January 12th. Numis Securities began coverage on Manx Telecom in a research note on Tuesday, October 24th. They set an add rating and a GBX 220 ($2.98) target price for the company. Finally, Liberum Capital reissued a buy rating and set a GBX 236 ($3.20) target price on shares of Manx Telecom in a research note on Friday, January 12th.

Shares of Manx Telecom (MANX) opened at GBX 192 ($2.60) on Friday. Manx Telecom has a one year low of GBX 172 ($2.33) and a one year high of GBX 209 ($2.83). The firm has a market cap of $220.36 and a price-to-earnings ratio of 2,742.86.

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Manx Telecom Company Profile

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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