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Investment analysts at Goldman Sachs boosted their price target on shares of Talktalk Telecom Group PLC (LON:TALK) from GBX 365 ($6.14) to GBX 450 ($7.57) in a note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Goldman Sachs’ price target would suggest a potential upside of 43.77% from the stock’s previous close.

Talktalk Telecom Group PLC (LON:TALK) traded up 0.80% during mid-day trading on Wednesday, hitting GBX 315.50. 854,929 shares of the company’s stock traded hands. Talktalk Telecom Group PLC has a 1-year low of GBX 213.40 and a 1-year high of GBX 329.20. The stock has a 50-day moving average of GBX 296.8 and a 200-day moving average of GBX 300.5. The company’s market cap is £2.874 billion.

The company also recently announced a dividend, which is scheduled for Friday, August 1st. Shareholders of record on Wednesday, July 2nd will be paid a dividend of GBX 8 ($0.13) per share. This represents a dividend yield of 2.81%. The ex-dividend date is Wednesday, July 2nd.

Several other analysts have also recently commented on the stock. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Talktalk Telecom Group PLC in a research note on Tuesday. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Talktalk Telecom Group PLC in a research note on Friday, May 16th. They now have a GBX 350 ($5.89) price target on the stock. Three 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. The company has a consensus rating of “Hold” and an average target price of GBX 293.50 ($4.94).

TalkTalk Telecom Group PLC is a United Kingdom-based company engaged in fixed line voice and broadband telecommunications businesses.

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