Talktalk Telecom Group PLC (TALK) Given “Buy” Rating at Deutsche Bank AG
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank AG in a research report issued to clients and investors on Monday. They currently have a GBX 300 ($3.72) target price on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 50.00% from the stock’s previous close.
A number of other brokerages have also commented on TALK. Barclays PLC reissued an “overweight” rating on shares of Talktalk Telecom Group PLC in a report on Wednesday, August 17th. Haitong Bank reissued a “sell” rating and set a GBX 150 ($1.86) price objective on shares of Talktalk Telecom Group PLC in a report on Tuesday, July 26th. Berenberg Bank raised Talktalk Telecom Group PLC to a “hold” rating and increased their price objective for the company from GBX 208 ($2.58) to GBX 224 ($2.77) in a report on Friday, July 22nd. Societe Generale lowered Talktalk Telecom Group PLC to a “sell” rating and lowered their price objective for the company from GBX 190 ($2.35) to GBX 185 ($2.29) in a report on Thursday, July 21st. Finally, Credit Suisse Group AG reissued an “outperform” rating and set a GBX 260 ($3.22) price objective on shares of Talktalk Telecom Group PLC in a report on Wednesday, August 10th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. Talktalk Telecom Group PLC currently has a consensus rating of “Hold” and a consensus target price of GBX 233.06 ($2.89).
Talktalk Telecom Group PLC (LON:TALK) opened at 202.244 on Monday. The company’s 50-day moving average price is GBX 206.31 and its 200-day moving average price is GBX 221.85. The company’s market capitalization is GBX 1.91 billion. Talktalk Telecom Group PLC has a 52 week low of GBX 184.00 and a 52 week high of GBX 280.18.
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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