TalkTalk Telecom Group PLC (NASDAQ:TKTCY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday. The firm presently has a $14.00 price target on the stock. Zacks Investment Research’s price target indicates a potential downside of 20.90% from the stock’s previous close.

According to Zacks, “TalkTalk Telecom Group PLC is engaged in the business of fixed line voice and broadband telecommunications in the UK. The Company offers voice telephony, including line rental, calls, and added value services, such as voicemail; broadband Internet access services comprising email; and dial-up Internet access services to residential customers under the TalkTalk and AOL brand names. It also offers voice, data services, telephony systems, and mobile services, as well as information technology networking and security services to business customers under the Opal brand name. TalkTalk Telecom Group PLC is headquartered in London, the United Kingdom. “

TalkTalk Telecom Group PLC (NASDAQ:TKTCY) remained flat at $12.42 during trading on Tuesday. The company has a market capitalization of $2.35 billion and a PE ratio of 828.00. The company has a 50 day moving average price of $14.15 and a 200 day moving average price of $16.07. TalkTalk Telecom Group PLC has a 52-week low of $12.42 and a 52-week high of $24.70.

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