Talktalk Telecom Group PLC Stock Rating Reaffirmed by Citigroup Inc. (TALK)
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “neutral” rating reiterated by research analysts at Citigroup Inc. in a report released on Tuesday. They currently have a GBX 320 ($5.49) price objective on the stock. Citigroup Inc.’s target price points to a potential upside of 0.69% from the stock’s previous close.
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 Wednesday, July 2nd. They now have a GBX 350 ($6.00) price target on the stock. Separately, 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 ($2.92) price target on the stock. Finally, 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 ($5.15) price target on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the company. Talktalk Telecom Group PLC currently has an average rating of “Hold” and an average target price of GBX 297.86 ($5.11).
Shares of Talktalk Telecom Group PLC (LON:TALK) traded down 1.43% on Tuesday, hitting GBX 317.80. 1,447,392 shares of the company’s stock traded hands. Talktalk Telecom Group PLC has a 52-week low of GBX 227.60 and a 52-week high of GBX 334.30. The stock’s 50-day moving average is GBX 319.5 and its 200-day moving average is GBX 310.6. The company’s market cap is £2.927 billion.
TalkTalk Telecom Group PLC is a United Kingdom-based company engaged in fixed line voice and broadband telecommunications businesses.
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