Talktalk Telecom Group PLC (TALK) Given Average Rating of “Hold” by Analysts

Shares of Talktalk Telecom Group PLC (LON:TALK) have been given a consensus rating of “Hold” by the fifteen ratings firms that are presently covering the company, MarketBeat reports. Ten research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is GBX 154.64 ($2.10).

TALK has been the topic of several analyst reports. Deutsche Bank restated a “buy” rating and set a GBX 230 ($3.12) price target on shares of Talktalk Telecom Group in a report on Thursday, November 16th. Citigroup cut shares of Talktalk Telecom Group to a “sell” rating and set a GBX 180 ($2.44) price target on the stock. in a report on Monday, October 9th. Barclays restated an “equal weight” rating and set a GBX 170 ($2.31) price target on shares of Talktalk Telecom Group in a report on Friday, January 19th. Royal Bank of Canada restated a “sector performer” rating on shares of Talktalk Telecom Group in a report on Tuesday, January 16th. Finally, Jefferies Group cut their price target on shares of Talktalk Telecom Group from GBX 125 ($1.70) to GBX 95 ($1.29) and set an “underperform” rating on the stock in a report on Monday, December 11th.

Talktalk Telecom Group (LON TALK) traded up GBX 0.20 ($0.00) during trading hours on Friday, hitting GBX 139.70 ($1.89). 1,188,222 shares of the stock traded hands, compared to its average volume of 1,500,000. The company has a market capitalization of $1,330.00 and a P/E ratio of -3,492.50. Talktalk Telecom Group has a one year low of GBX 131.30 ($1.78) and a one year high of GBX 220 ($2.98).

Talktalk Telecom Group (LON:TALK) last released its quarterly earnings results on Wednesday, November 15th. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter, missing the consensus estimate of GBX 4.20 ($0.06) by GBX (4.70) (($0.06)). Talktalk Telecom Group had a negative return on equity of 158.23% and a negative net margin of 8.57%. The firm had revenue of £856 million for the quarter.

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Talktalk Telecom Group Company Profile

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.

Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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