Talktalk Telecom Group PLC’s (TALK) Buy Rating Reaffirmed at Deutsche Bank AG
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank AG in a note issued to investors on Tuesday.
TALK has been the topic of a number of other research reports. Haitong Bank reissued a “sell” rating and set a GBX 150 ($1.96) price objective on shares of Talktalk Telecom Group PLC in a research note on Friday, September 2nd. Jefferies Group lowered their price objective on Talktalk Telecom Group PLC from GBX 150 ($1.96) to GBX 140 ($1.83) and set an “underperform” rating on the stock in a research note on Tuesday, June 21st. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 230 ($3.00) price objective on shares of Talktalk Telecom Group PLC in a research note on Thursday, July 21st. HSBC boosted their price objective on Talktalk Telecom Group PLC from GBX 225 ($2.94) to GBX 245 ($3.20) and gave the stock a “hold” rating in a research note on Wednesday, June 15th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 260 ($3.39) price objective on shares of Talktalk Telecom Group PLC in a research note on Tuesday, July 19th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 246.50 ($3.22).
Talktalk Telecom Group PLC (LON:TALK) traded up 2.03% during mid-day trading on Tuesday, reaching GBX 215.78. The company’s stock had a trading volume of 2,355,974 shares. The stock’s market cap is GBX 2062.03 billion. Talktalk Telecom Group PLC has a 12-month low of GBX 184.00 and a 12-month high of GBX 319.50. The firm’s 50 day moving average price is GBX 206.56 and its 200 day moving average price is GBX 227.58.
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In other news, insider Torrens,Iain purchased 132 shares of the company’s stock in a transaction that occurred on Friday, August 12th. The shares were purchased at an average price of GBX 225 ($2.94) per share, for a total transaction of £297 ($387.68).
About Talktalk Telecom Group PLC
TalkTalk Telecom Group PLC is a United Kingdom-based provider of fixed line broadband, voice telephony, mobile and television services. The Company serves approximately four million residential and business customers under the TalkTalk and TalkTalk Business brands. The Company, through blinkbox Entertainment Limited (blinkbox), provides multi-device, multi-platform video content.
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