Jefferies Group Reiterates Hold Rating for TalkTalk Telecom Group (TALK)
TalkTalk Telecom Group (LON:TALK)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Tuesday, American Banking News.com reports. They currently have a GBX 260 ($4.27) price target on the stock. Jefferies Group’s target price would indicate a potential downside of 16.67% from the stock’s previous close.
TalkTalk Telecom Group (LON:TALK) traded up 0.55% on Tuesday, hitting GBX 312.00. The stock had a trading volume of 3,362,603 shares. TalkTalk Telecom Group has a 1-year low of GBX 206.80 and a 1-year high of GBX 329.20. The stock’s 50-day moving average is GBX 308.8 and its 200-day moving average is GBX 270.0. The company’s market cap is £2.780 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of TalkTalk Telecom Group in a research note to investors on Monday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of TalkTalk Telecom Group in a research note to investors on Wednesday, January 29th. They now have a GBX 300 ($4.93) 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 Thursday, January 23rd. They now have a GBX 320 ($5.26) price target on the stock. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have assigned a buy rating to the company. TalkTalk Telecom Group has an average rating of “Hold” and an average target price of GBX 255.43 ($4.20).
TalkTalk Telecom Group PLC is engaged in fixed line voice and broadband telecommunications businesses in the United Kingdom.
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