Talktalk Telecom Group PLC (TALK) Rating Reiterated by BNP Paribas
Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “underperform” rating reissued by equities research analysts at BNP Paribas in a research report issued to clients and investors on Tuesday. They currently have a GBX 150 ($1.96) price objective on the stock. BNP Paribas’ price objective suggests a potential downside of 17.13% from the stock’s current price.
TALK has been the subject of several other research reports. HSBC Holdings plc upgraded Talktalk Telecom Group PLC to a “buy” rating and boosted their target price for the stock from GBX 175 ($2.29) to GBX 250 ($3.26) in a research note on Friday, April 21st. Credit Suisse Group reissued an “outperform” rating and issued a GBX 260 ($3.40) target price on shares of Talktalk Telecom Group PLC in a report on Friday, April 21st. Deutsche Bank AG reissued a “buy” rating and issued a GBX 280 ($3.66) target price on shares of Talktalk Telecom Group PLC in a report on Tuesday, May 2nd. Macquarie reissued an “outperform” rating and issued a GBX 240 ($3.13) target price on shares of Talktalk Telecom Group PLC in a report on Tuesday, May 9th. Finally, J P Morgan Chase & Co reissued an “underweight” rating and issued a GBX 150 ($1.96) target price on shares of Talktalk Telecom Group PLC in a report on Thursday, May 11th. Eight equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. Talktalk Telecom Group PLC currently has an average rating of “Hold” and a consensus target price of GBX 174.38 ($2.28).
Shares of Talktalk Telecom Group PLC (LON TALK) opened at 180.00 on Tuesday. The company has a 50-day moving average of GBX 175.42 and a 200-day moving average of GBX 174.70. The stock’s market capitalization is GBX 1.71 billion. Talktalk Telecom Group PLC has a 1-year low of GBX 144.96 and a 1-year high of GBX 248.70.
In other news, insider Tristia Harrison sold 25,650 shares of the company’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of GBX 168 ($2.19), for a total value of £43,092 ($56,270.57).
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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