TalkTalk Telecom Group PLC (TALK) PT Lowered to GBX 150 at Citigroup Inc.
TalkTalk Telecom Group PLC (LON:TALK) had its price target trimmed by Citigroup Inc. from GBX 180 ($2.37) to GBX 150 ($1.97) in a report published on Monday, Marketbeat reports. The brokerage currently has a sell rating on the stock.
TALK has been the subject of a number of other research reports. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 230 ($3.03) price target on shares of TalkTalk Telecom Group PLC in a report on Thursday, August 24th. Barclays PLC cut TalkTalk Telecom Group PLC to an equal weight rating and upped their price target for the stock from GBX 185 ($2.43) to GBX 215 ($2.83) in a report on Friday, October 13th. Macquarie reaffirmed an underperform rating and issued a GBX 150 ($1.97) price target on shares of TalkTalk Telecom Group PLC in a report on Wednesday, September 6th. Credit Suisse Group reaffirmed an underperform rating and issued a GBX 170 ($2.24) price target on shares of TalkTalk Telecom Group PLC in a report on Friday, October 13th. Finally, Royal Bank Of Canada cut TalkTalk Telecom Group PLC to a sector performer rating and reduced their price target for the stock from GBX 225 ($2.96) to GBX 190 ($2.50) in a report on Thursday, November 16th. Ten equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. TalkTalk Telecom Group PLC has a consensus rating of Hold and an average price target of GBX 166 ($2.18).
TalkTalk Telecom Group PLC (LON:TALK) opened at GBX 152.80 ($2.01) on Monday. TalkTalk Telecom Group PLC has a fifty-two week low of GBX 144.96 ($1.91) and a fifty-two week high of GBX 220 ($2.89).
TalkTalk Telecom Group PLC (LON:TALK) last released its quarterly earnings results on Wednesday, November 15th. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 4.20 ($0.06) by GBX (4.70) (($0.06)). The business had revenue of £856 million during the quarter. TalkTalk Telecom Group PLC had a negative return on equity of 158.23% and a negative net margin of 8.57%.
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TalkTalk Telecom Group PLC Company Profile
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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