Talktalk Telecom Group PLC (LON:TALK) had its price objective lowered by investment analysts at Macquarie from GBX 300 ($3.92) to GBX 290 ($3.79) in a research report issued on Monday. The brokerage currently has an “outperform” rating on the stock. Macquarie’s price target suggests a potential upside of 34.38% from the company’s previous close.

Several other equities research analysts have also weighed in on the company. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 260 ($3.39) price objective on shares of Talktalk Telecom Group PLC in a research note on Wednesday, August 10th. Deutsche Bank AG reissued a “buy” rating and set a GBX 300 ($3.92) price objective on shares of Talktalk Telecom Group PLC in a research note on Tuesday, September 6th. Barclays PLC reissued an “overweight” rating on shares of Talktalk Telecom Group PLC in a research note on Wednesday, August 17th. 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 Thursday, September 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 research analysts have rated the stock with a sell rating, eight have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 249.06 ($3.25).

Analyst Recommendations for Talktalk Telecom Group PLC (LON:TALK)

Shares of Talktalk Telecom Group PLC (LON:TALK) opened at 213.40 on Monday. The company has a 50 day moving average price of GBX 206.56 and a 200-day moving average price of GBX 227.58. Talktalk Telecom Group PLC has a 1-year low of GBX 184.00 and a 1-year high of GBX 319.50. The stock’s market capitalization is GBX 2.02 billion.

In other Talktalk Telecom Group PLC news, insider Torrens,Iain acquired 132 shares of the company’s stock in a transaction dated Friday, August 12th. The shares were acquired at an average cost of GBX 225 ($2.94) per share, for a total transaction of £297 ($387.68).

Talktalk Telecom Group PLC Company Profile

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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