Talktalk Telecom Group PLC Given “Sell” Rating at UBS AG (TALK)
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “sell” rating reiterated by equities researchers at UBS AG in a research report issued on Wednesday, StockRatingsNetwork.com reports. They currently have a GBX 235 ($3.93) price target on the stock. UBS AG’s price objective would indicate a potential downside of 18.94% from the company’s current price.
Talktalk Telecom Group PLC (LON:TALK) traded up 0.80% on Wednesday, hitting GBX 289.90. The stock had a trading volume of 1,156,517 shares. Talktalk Telecom Group PLC has a one year low of GBX 206.80 and a one year high of GBX 329.20. The stock has a 50-day moving average of GBX 315.5 and a 200-day moving average of GBX 290.1. The company’s market cap is £2.583 billion.
TALK has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an “overweight” rating on shares of Talktalk Telecom Group PLC in a research note on Tuesday. They now have a GBX 350 ($5.86) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “sell” rating on shares of Talktalk Telecom Group PLC in a research note on Monday. They now have a GBX 220 ($3.68) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Talktalk Telecom Group PLC in a research note on Monday, April 7th. They now have a GBX 235 ($3.93) price target on the stock. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 268.60 ($4.49).
TalkTalk Telecom Group PLC is a United Kingdom-based company engaged in fixed line voice and broadband telecommunications businesses.
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