Talktalk Telecom Group PLC’s (TALK) Underperform Rating Reaffirmed at Jefferies Group LLC
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “underperform” rating reissued by stock analysts at Jefferies Group LLC in a research note issued on Wednesday. They presently have a GBX 125 ($1.61) price objective on the stock. Jefferies Group LLC’s target price would suggest a potential downside of 41.09% from the stock’s previous close.
TALK has been the subject of several other research reports. Deutsche Bank AG reissued a “buy” rating and issued a GBX 230 ($2.97) price target on shares of Talktalk Telecom Group PLC in a research note on Thursday, August 24th. BNP Paribas reissued an “underperform” rating and issued a GBX 150 ($1.94) price target on shares of Talktalk Telecom Group PLC in a research note on Tuesday, July 18th. Macquarie lowered Talktalk Telecom Group PLC to an “underperform” rating and set a GBX 150 ($1.94) target price on the stock. in a research report on Monday, July 17th. Royal Bank Of Canada upgraded Talktalk Telecom Group PLC to an “outperform” rating and upped their target price for the company from GBX 185 ($2.39) to GBX 225 ($2.91) in a research report on Thursday, May 18th. Finally, Goldman Sachs Group, Inc. (The) lowered Talktalk Telecom Group PLC to a “sell” rating and cut their target price for the company from GBX 190 ($2.45) to GBX 150 ($1.94) in a research report on Wednesday, May 24th. Nine analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 172.94 ($2.23).
Shares of Talktalk Telecom Group PLC (TALK) traded up 1.05% during trading on Wednesday, reaching GBX 212.20. The company’s stock had a trading volume of 1,233,893 shares. Talktalk Telecom Group PLC has a 12 month low of GBX 144.96 and a 12 month high of GBX 221.30. The firm’s market cap is GBX 2.03 billion. The company’s 50 day moving average price is GBX 197.12 and its 200 day moving average price is GBX 185.53.
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About Talktalk Telecom Group PLC
TalkTalk Telecom Group PLC is a provider of fixed line broadband, voice telephony, mobile and television services. The Company serves over four million residential and business customers under the TalkTalk and TalkTalk Business brands. TalkTalk residential packages offer broadband, phone, television and mobile services.
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