Talktalk Telecom Group PLC (TALK) Rating Reiterated by Deutsche Bank AG
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “buy” rating restated by Deutsche Bank AG in a report issued on Monday. They currently have a GBX 230 ($3.10) target price on the stock. Deutsche Bank AG’s price objective indicates a potential upside of 9.16% from the stock’s current price.
TALK has been the topic of a number of other reports. Macquarie lowered Talktalk Telecom Group PLC to an “underperform” rating and set a GBX 150 ($2.02) price target on the stock. in a research note on Monday, July 17th. Berenberg Bank lowered Talktalk Telecom Group PLC to a “sell” rating and cut their price target for the company from GBX 224 ($3.02) to GBX 140 ($1.89) in a research note on Monday, June 12th. Numis Securities Ltd started coverage on Talktalk Telecom Group PLC in a research note on Tuesday, July 25th. They set a “reduce” rating and a GBX 150 ($2.02) price target on the stock. Credit Suisse Group cut their price target on Talktalk Telecom Group PLC from GBX 260 ($3.51) to GBX 210 ($2.83) and set an “outperform” rating on the stock in a research note on Wednesday, July 12th. Finally, Jefferies Group LLC restated an “underperform” rating and set a GBX 125 ($1.69) price objective on shares of Talktalk Telecom Group PLC in a research report on Wednesday, September 13th. Nine investment 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 stock has an average rating of “Hold” and an average price target of GBX 172.94 ($2.33).
Shares of Talktalk Telecom Group PLC (LON:TALK) opened at 212.00 on Monday. The firm’s 50-day moving average price is GBX 198.42 and its 200 day moving average price is GBX 186.23. Talktalk Telecom Group PLC has a one year low of GBX 144.96 and a one year high of GBX 221.30. The company’s market capitalization is GBX 2.01 billion.
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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