Manx Telecom (MANX) Earns “Buy” Rating from Peel Hunt

Manx Telecom (LON:MANX)‘s stock had its “buy” rating reissued by investment analysts at Peel Hunt in a note issued to investors on Monday. They presently have a GBX 250 ($3.35) price objective on the stock. Peel Hunt’s price objective suggests a potential upside of 28.21% from the company’s previous close.

Several other analysts also recently issued reports on MANX. Liberum Capital reissued a “buy” rating and issued a GBX 236 ($3.16) price target on shares of Manx Telecom in a report on Tuesday, September 12th. Numis Securities started coverage on Manx Telecom in a report on Tuesday, October 24th. They issued an “add” rating and a GBX 220 ($2.95) price target on the stock.

Shares of Manx Telecom (LON MANX) opened at GBX 195 ($2.61) on Monday. Manx Telecom has a 1-year low of GBX 172 ($2.30) and a 1-year high of GBX 209 ($2.80).

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About Manx Telecom

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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