Analysts Set Talktalk Telecom Group PLC (TALK) Price Target at $111.67
Talktalk Telecom Group PLC (LON:TALK) has earned an average rating of “Hold” from the thirteen analysts that are presently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is GBX 111.67 ($1.45).
TALK has been the subject of a number of analyst reports. Barclays raised shares of Talktalk Telecom Group to an “overweight” rating and increased their price target for the company from GBX 130 ($1.69) to GBX 150 ($1.95) in a report on Thursday, August 23rd. Deutsche Bank reaffirmed a “buy” rating on shares of Talktalk Telecom Group in a report on Wednesday. Morgan Stanley increased their price target on shares of Talktalk Telecom Group from GBX 120 ($1.56) to GBX 125 ($1.63) and gave the company an “equal weight” rating in a report on Tuesday, August 14th. Numis Securities raised shares of Talktalk Telecom Group to a “reduce” rating and lowered their price target for the company from GBX 90 ($1.17) to GBX 85 ($1.11) in a report on Tuesday, July 3rd. Finally, Credit Suisse Group lowered their price target on shares of Talktalk Telecom Group from GBX 140 ($1.82) to GBX 90 ($1.17) and set an “underperform” rating for the company in a report on Thursday, July 12th.
Shares of LON:TALK traded down GBX 0.10 ($0.00) during trading on Friday, reaching GBX 128.30 ($1.67). The company’s stock had a trading volume of 675,317 shares, compared to its average volume of 3,760,000. Talktalk Telecom Group has a 12 month low of GBX 88.60 ($1.15) and a 12 month high of GBX 220 ($2.87).
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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