Barclays PLC reaffirmed their overweight rating on shares of Talktalk Telecom Group PLC (LON:TALK) in a research report report published on Tuesday morning. The brokerage currently has a GBX 350 ($4.57) price objective on the stock.
A number of other research firms also recently issued reports on TALK. Haitong Bank reissued a sell rating and issued a GBX 150 ($1.96) target price on shares of Talktalk Telecom Group PLC in a research report on Tuesday, July 26th. Jefferies Group decreased their target price on Talktalk Telecom Group PLC from GBX 150 ($1.96) to GBX 140 ($1.83) and set an underperform rating for the company in a research report on Tuesday, June 21st. Berenberg Bank raised Talktalk Telecom Group PLC to a hold rating and raised their target price for the stock from GBX 208 ($2.72) to GBX 224 ($2.92) in a research report on Friday, July 22nd. Societe Generale downgraded Talktalk Telecom Group PLC to a sell rating and decreased their target price for the stock from GBX 190 ($2.48) to GBX 185 ($2.41) in a research report on Thursday, July 21st. Finally, HSBC raised their price target on Talktalk Telecom Group PLC from GBX 225 ($2.94) to GBX 245 ($3.20) and gave the stock a hold rating in a report on Wednesday, June 15th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Talktalk Telecom Group PLC currently has a consensus rating of Hold and an average target price of GBX 246.50 ($3.22).
Talktalk Telecom Group PLC (LON:TALK) opened at 208.40 on Tuesday. The firm’s market cap is GBX 1.97 billion. The firm has a 50-day moving average price of GBX 206.42 and a 200-day moving average price of GBX 227.75. Talktalk Telecom Group PLC has a one year low of GBX 184.00 and a one year high of GBX 319.50.
In other news, insider Torrens,Iain purchased 132 shares of the stock in a transaction on Friday, August 12th. The shares were acquired at an average price of GBX 225 ($2.94) per share, for a total transaction of £297 ($387.68).
Talktalk Telecom Group PLC Company Profile
TalkTalk Telecom Group PLC is a United Kingdom-based provider of fixed line broadband, voice telephony, mobile and television services. The Company serves approximately four million residential and business customers under the TalkTalk and TalkTalk Business brands. The Company, through blinkbox Entertainment Limited (blinkbox), provides multi-device, multi-platform video content.
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