Macquarie lowered shares of Talktalk Telecom Group PLC (LON:TALK) to an underperform rating in a research report released on Monday morning. They currently have GBX 150 ($1.96) price objective on the stock.
Several other equities research analysts also recently commented on the company. HSBC Holdings plc upgraded Talktalk Telecom Group PLC to a buy rating and raised their target price for the company from GBX 175 ($2.29) to GBX 250 ($3.26) in a report on Friday, April 21st. Credit Suisse Group reiterated an outperform rating and set a GBX 260 ($3.40) target price on shares of Talktalk Telecom Group PLC in a report on Friday, April 21st. Royal Bank Of Canada upgraded Talktalk Telecom Group PLC to an outperform rating and raised their target price for the company from GBX 185 ($2.42) to GBX 225 ($2.94) in a report on Thursday, May 18th. Deutsche Bank AG reiterated a buy rating and set a GBX 280 ($3.66) target price on shares of Talktalk Telecom Group PLC in a report on Tuesday, May 2nd. Finally, Goldman Sachs Group, Inc. (The) reiterated a sell rating and set a GBX 150 ($1.96) target price on shares of Talktalk Telecom Group PLC in a report on Monday, June 19th. Eight equities research analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of GBX 174.38 ($2.28).
Talktalk Telecom Group PLC (LON TALK) opened at 184.00 on Monday. The stock’s 50 day moving average price is GBX 175.42 and its 200-day moving average price is GBX 174.70. The firm’s market capitalization is GBX 1.75 billion. Talktalk Telecom Group PLC has a 12 month low of GBX 144.96 and a 12 month high of GBX 248.70.
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The business also recently disclosed a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be given a dividend of GBX 5 ($0.07) per share. The ex-dividend date is Thursday, July 6th. This represents a yield of 2.96%.
In related news, insider Tristia Harrison sold 25,650 shares of the business’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of GBX 168 ($2.19), for a total transaction of £43,092 ($56,270.57).
About Talktalk Telecom Group PLC
TalkTalk Telecom Group PLC is a provider of fixed line broadband, voice telephony, mobile and television services. The Company serves over four million residential and business customers under the TalkTalk and TalkTalk Business brands. TalkTalk residential packages offer broadband, phone, television and mobile services.
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