TalkTalk Telecom Group (TALK) Given “Equal weight” Rating at Barclays
Other research analysts also recently issued reports about the company. Deutsche Bank reissued a buy rating and issued a GBX 230 ($3.12) price objective on shares of TalkTalk Telecom Group in a research note on Thursday, November 16th. Credit Suisse Group reissued an underperform rating and issued a GBX 170 ($2.31) price objective on shares of TalkTalk Telecom Group in a research note on Friday, October 13th. Jefferies Group cut their price objective on TalkTalk Telecom Group from GBX 125 ($1.70) to GBX 95 ($1.29) and set an underperform rating on the stock in a research note on Monday, December 11th. Numis Securities cut their price objective on TalkTalk Telecom Group from GBX 150 ($2.03) to GBX 120 ($1.63) and set a reduce rating on the stock in a research note on Thursday, November 30th. Finally, Citigroup downgraded TalkTalk Telecom Group to a sell rating and set a GBX 180 ($2.44) price objective on the stock. in a research note on Monday, October 9th. Ten analysts have rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 157 ($2.13).
Shares of TalkTalk Telecom Group (LON:TALK) traded down GBX 0.80 ($0.01) during trading on Friday, hitting GBX 137.80 ($1.87). The stock had a trading volume of 1,658,070 shares, compared to its average volume of 1,680,000. The firm has a market cap of $1,310.00 and a price-to-earnings ratio of -3,445.00. TalkTalk Telecom Group has a fifty-two week low of GBX 131.30 ($1.78) and a fifty-two week high of GBX 220 ($2.98).
About TalkTalk Telecom Group
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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