Deutsche Bank AG Reaffirms Buy Rating for Talktalk Telecom Group PLC (TALK)
Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Talktalk Telecom Group PLC from GBX 220 ($2.93) to GBX 230 ($3.06) and gave the stock a neutral rating in a research report on Wednesday, July 13th. Credit Suisse Group AG restated an outperform rating and set a GBX 260 ($3.46) price objective on shares of Talktalk Telecom Group PLC in a research report on Wednesday, August 10th. Haitong Bank restated a sell rating and set a GBX 150 ($2.00) price objective on shares of Talktalk Telecom Group PLC in a research report on Tuesday, July 26th. Berenberg Bank upgraded shares of Talktalk Telecom Group PLC to a hold rating and upped their price objective for the stock from GBX 208 ($2.77) to GBX 224 ($2.98) in a research report on Friday, July 22nd. Finally, Societe Generale cut shares of Talktalk Telecom Group PLC to a sell rating and reduced their price objective for the stock from GBX 190 ($2.53) to GBX 185 ($2.46) in a research report on Thursday, July 21st. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Talktalk Telecom Group PLC has an average rating of Hold and an average price target of GBX 246.50 ($3.28).
Talktalk Telecom Group PLC (LON:TALK) opened at 198.82 on Tuesday. The stock’s market capitalization is GBX 1.88 billion. The company’s 50 day moving average is GBX 214.68 and its 200-day moving average is GBX 231.20. Talktalk Telecom Group PLC has a 1-year low of GBX 184.00 and a 1-year high of GBX 327.50.
In related news, insider Torrens,Iain bought 132 shares of the stock in a transaction on Friday, August 12th. The stock was bought at an average price of GBX 225 ($3.00) per share, with a total value of £297 ($395.58).
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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