Gamma Communications' (GAMA) "Buy" Rating Reaffirmed at Berenberg Bank

Gamma Communications (LON:GAMA - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Berenberg Bank in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 1,570 target price on the stock. Berenberg Bank's price objective would indicate a potential upside of 57.16% from the company's current price.Get Gamma Communications alerts:Separately, Shore Capital reissued a "buy" rating and issued a GBX 1,500 target price on shares of Gamma Communications in a research note on Tuesday, September 9th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of GBX 1,535.View Our Latest Stock Report on Gamma CommunicationsGamma Communications Trading Up 2.3%GAMA stock traded up GBX 22.24 during trading on Friday, hitting GBX 999. The company had a trading volume of 280,542 shares, compared to its average volume of 637,386. The stock has a market cap of £920.68 million, a price-to-earnings ratio of 14.39, a PEG ratio of 2.79 and a beta of 0.82. The company has a quick ratio of 2.45, a current ratio of 2.78 and a debt-to-equity ratio of 2.08. The firm has a 50-day moving average price of GBX 1,027.29 and a 200-day moving average price of GBX 1,125.82. Gamma Communications has a 12 month low of GBX 952 and a 12 month high of GBX 1,917.60. Gamma Communications (LON:GAMA - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The company reported GBX 48 earnings per share for the quarter. Gamma Communications had a net margin of 10.29% and a return on equity of 16.09%. As a group, analysts predict that Gamma Communications will post 89.6398892 earnings per share for the current year. About Gamma Communications (Get Free Report)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.Read MoreFive stocks we like better than Gamma CommunicationsAbout the Markup CalculatorMeta vs OpenAI: Is Sora a True Threat to Meta's Dominance?5 discounted opportunities for dividend growth investorsIncome and Growth Potential: Which Multi-Asset ETFs Get It Right?What Does a Stock Split Mean? Silver Also Glitters: 3 ETFs to Ride The Precious Metals SurgeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Gamma Communications Right Now?Before you consider Gamma Communications, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gamma Communications wasn't on the list.While Gamma Communications currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here