Barclays Reiterates “Overweight” Rating for Talktalk Telecom Group PLC (TALK)
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “overweight” rating reiterated by analysts at Barclays in a research report issued to clients and investors on Wednesday. They currently have a GBX 350 ($5.96) price objective on the stock. Barclays’ price objective would suggest a potential upside of 5.07% from the stock’s previous close.
TALK has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Talktalk Telecom Group PLC in a research note on Friday, June 27th. They now have a GBX 170 ($2.90) price target on the stock. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Talktalk Telecom Group PLC in a research note on Tuesday, June 24th. They now have a GBX 300 ($5.11) price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “sell” rating on shares of Talktalk Telecom Group PLC in a research note on Thursday, June 19th. They now have a GBX 170 ($2.90) 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 issued a buy rating to the company. Talktalk Telecom Group PLC has an average rating of “Hold” and an average price target of GBX 291.07 ($4.96).
Shares of Talktalk Telecom Group PLC (LON:TALK) opened at 328.60 on Wednesday. Talktalk Telecom Group PLC has a 1-year low of GBX 218.60 and a 1-year high of GBX 329.20. The stock has a 50-day moving average of GBX 316.0 and a 200-day moving average of GBX 309.5. The company’s market cap is £3.026 billion.
TalkTalk Telecom Group PLC is a United Kingdom-based company engaged in fixed line voice and broadband telecommunications businesses.
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