Deutsche Bank reaffirmed their buy rating on shares of Talktalk Telecom Group (LON:TALK) in a research report released on Wednesday morning.

TALK has been the subject of a number of other research reports. JPMorgan Chase & Co. upgraded Talktalk Telecom Group to a neutral rating and raised their price objective for the stock from GBX 100 ($1.30) to GBX 110 ($1.43) in a research report on Monday, July 9th. Numis Securities upgraded Talktalk Telecom Group to a reduce rating and cut their target price for the stock from GBX 90 ($1.17) to GBX 85 ($1.11) in a research report on Tuesday, July 3rd. Barclays restated an equal weight rating on shares of Talktalk Telecom Group in a research report on Wednesday, July 11th. Morgan Stanley raised their target price on Talktalk Telecom Group from GBX 120 ($1.56) to GBX 125 ($1.63) and gave the stock an equal weight rating in a research report on Tuesday, August 14th. Finally, Credit Suisse Group cut their target price on Talktalk Telecom Group from GBX 140 ($1.82) to GBX 90 ($1.17) and set an underperform rating for the company in a research report on Thursday, July 12th. Five research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. Talktalk Telecom Group currently has a consensus rating of Hold and a consensus price target of GBX 113.58 ($1.48).

Shares of TALK stock opened at GBX 129.60 ($1.69) on Wednesday. Talktalk Telecom Group has a 12 month low of GBX 88.60 ($1.15) and a 12 month high of GBX 220 ($2.87).

In related news, insider Charles W. Dunstone bought 529,621 shares of the business’s stock in a transaction that occurred on Friday, June 29th. The stock was acquired at an average price of GBX 106 ($1.38) per share, for a total transaction of £561,398.26 ($731,272.97).

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.

Read More: Penny Stocks

Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

Receive News & Ratings for Talktalk Telecom Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talktalk Telecom Group and related companies with MarketBeat.com's FREE daily email newsletter.