Talktalk Telecom Group PLC PT Raised to GBX 200 at BNP Paribas (TALK)
Analysts at BNP Paribas lifted their target price on shares of Talktalk Telecom Group PLC (LON:TALK) from GBX 170 ($2.92) to GBX 200 ($3.43) in a research report issued to clients and investors on Wednesday. The firm currently has an “underperform” rating on the stock. BNP Paribas’ price target indicates a potential downside of 36.10% from the company’s current price.
Shares of Talktalk Telecom Group PLC (LON:TALK) traded down 1.63% during mid-day trading on Wednesday, hitting GBX 313.00. The stock had a trading volume of 2,895,467 shares. Talktalk Telecom Group PLC has a 52 week low of GBX 231.50 and a 52 week high of GBX 334.30. The stock has a 50-day moving average of GBX 320.2 and a 200-day moving average of GBX 310.7. The company’s market cap is £2.883 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Talktalk Telecom Group PLC in a research note on Tuesday. They now have a GBX 320 ($5.49) price target on the stock. Separately, 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. 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 analysts have rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 296.15 ($5.08).
TalkTalk Telecom Group PLC is a United Kingdom-based company engaged in fixed line voice and broadband telecommunications businesses.
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