Credit Suisse Reiterates “Outperform” Rating for TalkTalk Telecom Group (TALK)
TalkTalk Telecom Group (LON:TALK)‘s stock had its “outperform” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Thursday, Stock Ratings News reports. They currently have a GBX 300 ($4.92) price target on the stock. Credit Suisse’s price target would indicate a potential downside of 3.60% from the stock’s previous close.
TALK has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of TalkTalk Telecom Group in a research note to investors on Monday. They now have a GBX 235 ($3.85) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of TalkTalk Telecom Group in a research note to investors on Friday, December 20th. They now have a GBX 200 ($3.28) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of TalkTalk Telecom Group in a research note to investors on Friday, December 13th. They now have a GBX 320 ($5.25) price target on the stock. Five analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of GBX 254.76 ($4.18).
Shares of TalkTalk Telecom Group (LON:TALK) opened at 311.00 on Thursday. TalkTalk Telecom Group has a 1-year low of GBX 206.80 and a 1-year high of GBX 313.40. The stock’s 50-day moving average is GBX 286.3 and its 200-day moving average is GBX 258.2. The company’s market cap is £2.771 billion.
TalkTalk Telecom Group PLC is engaged in fixed line voice and broadband telecommunications businesses in the United Kingdom.
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