Talktalk Telecom Group PLC Receives Hold Rating from Jefferies Group (TALK)
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “hold” rating restated by investment analysts at Jefferies Group in a note issued to investors on Monday. They currently have a GBX 260 ($4.44) target price on the stock. Jefferies Group’s target price points to a potential downside of 16.85% from the company’s current price.
TALK has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Talktalk Telecom Group PLC in a research note on Monday, July 14th. They now have a GBX 300 ($5.13) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Talktalk Telecom Group PLC in a research note on Thursday, July 10th. They now have a GBX 240 ($4.10) price target on the stock. Finally, analysts at Barclays reiterated an “overweight” rating on shares of Talktalk Telecom Group PLC in a research note on Thursday, July 10th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 296.15 ($5.06).
Talktalk Telecom Group PLC (LON:TALK) traded up 0.06% during mid-day trading on Monday, hitting GBX 312.70. 547,976 shares of the company’s stock traded hands. Talktalk Telecom Group PLC has a 1-year low of GBX 233.896 and a 1-year high of GBX 334.30. The stock has a 50-day moving average of GBX 320.1 and a 200-day moving average of GBX 311.2. The company’s market cap is £2.880 billion.
TalkTalk Telecom Group PLC is a United Kingdom-based company engaged in fixed line voice and broadband telecommunications businesses.
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