Talktalk Telecom Group PLC (TALK) Given Sell Rating at Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) reissued their sell rating on shares of Talktalk Telecom Group PLC (LON:TALK) in a research report released on Monday. Goldman Sachs Group, Inc. (The) currently has a GBX 150 ($1.91) price target on the stock.
A number of other analysts have also weighed in on the stock. HSBC Holdings plc upgraded shares of Talktalk Telecom Group PLC to a buy rating and increased their target price for the stock from GBX 175 ($2.23) to GBX 250 ($3.19) in a report on Friday, April 21st. Credit Suisse Group reiterated an outperform rating and set a GBX 260 ($3.31) target price on shares of Talktalk Telecom Group PLC in a report on Friday, April 21st. BNP Paribas reiterated an underperform rating and set a GBX 150 ($1.91) target price on shares of Talktalk Telecom Group PLC in a report on Tuesday, March 14th. Macquarie reiterated an outperform rating and set a GBX 240 ($3.06) target price on shares of Talktalk Telecom Group PLC in a report on Tuesday, May 9th. Finally, Royal Bank Of Canada upgraded shares of Talktalk Telecom Group PLC to an outperform rating and increased their target price for the stock from GBX 185 ($2.36) to GBX 225 ($2.87) in a report on Thursday, May 18th. Seven equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 178.33 ($2.27).
Talktalk Telecom Group PLC (LON:TALK) traded down 0.78% during midday trading on Monday, hitting GBX 177.40. The company had a trading volume of 281,145 shares. Talktalk Telecom Group PLC has a 52 week low of GBX 144.96 and a 52 week high of GBX 248.70. The firm’s market capitalization is GBX 1.69 billion. The firm’s 50 day moving average is GBX 177.15 and its 200-day moving average is GBX 173.63.
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The business also recently declared a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be paid a GBX 5 ($0.06) dividend. This represents a yield of 2.96%. The ex-dividend date is Thursday, July 6th.
In related news, insider Tristia Harrison sold 25,650 shares of the stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of GBX 168 ($2.14), for a total value of £43,092 ($54,901.26).
About Talktalk Telecom Group PLC
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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