Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “underperform” rating reaffirmed by equities researchers at BNP Paribas in a research note issued on Tuesday, July 18th. They currently have a GBX 150 ($1.95) price target on the stock. BNP Paribas’ target price points to a potential downside of 20.34% from the stock’s current price.
Several other equities research analysts have also weighed in on the company. HSBC Holdings plc raised Talktalk Telecom Group PLC to a “buy” rating and increased their target price for the stock from GBX 175 ($2.28) to GBX 250 ($3.26) in a research report on Friday, April 21st. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 260 ($3.39) target price on shares of Talktalk Telecom Group PLC in a research report on Friday, April 21st. Royal Bank Of Canada raised Talktalk Telecom Group PLC to an “outperform” rating and raised their price target for the company from GBX 185 ($2.41) to GBX 225 ($2.93) in a report on Thursday, May 18th. Macquarie reissued an “outperform” rating and set a GBX 240 ($3.13) price target on shares of Talktalk Telecom Group PLC in a report on Tuesday, May 9th. Finally, Deutsche Bank AG reissued a “buy” rating and set a GBX 280 ($3.65) price target on shares of Talktalk Telecom Group PLC in a report on Tuesday, May 2nd. Nine research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. Talktalk Telecom Group PLC currently has an average rating of “Hold” and a consensus target price of GBX 172.94 ($2.25).
Talktalk Telecom Group PLC (LON TALK) opened at 187.90 on Tuesday. Talktalk Telecom Group PLC has a 12-month low of GBX 144.96 and a 12-month high of GBX 248.70. The firm’s 50-day moving average is GBX 180.84 and its 200 day moving average is GBX 177.16. The stock’s market capitalization is GBX 1.79 billion.
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In other Talktalk Telecom Group PLC news, insider Tristia Harrison sold 25,650 shares of Talktalk Telecom Group PLC 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 value of £43,092 ($56,138.61).
Talktalk Telecom Group PLC Company Profile
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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