Talktalk Telecom Group PLC Rating Reiterated by Berenberg Bank (TALK)
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “hold” rating restated by Berenberg Bank in a research note issued on Thursday. They currently have a GBX 240 ($4.12) price objective on the stock. Berenberg Bank’s price objective would suggest a potential downside of 24.58% from the company’s current price.
Shares of Talktalk Telecom Group PLC (LON:TALK) traded down 1.63% on Thursday, 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 228.20 and a 52-week high of GBX 334.30. The stock’s 50-day moving average is GBX 320.0 and its 200-day moving average is GBX 310.. The company’s market cap is £2.883 billion.
Several other analysts have also recently commented on the stock. Analysts at Barclays reiterated an “overweight” rating on shares of Talktalk Telecom Group PLC in a research note on Thursday. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Talktalk Telecom Group PLC in a research note on Thursday. They now have a GBX 360 ($6.17) price target on the stock. Finally, analysts at BNP Paribas raised their price target on shares of Talktalk Telecom Group PLC from GBX 170 ($2.92) to GBX 200 ($3.43) in a research note on Wednesday. They now have an “underperform” rating on the stock. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The company presently has an average 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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