The Talktalk Telecom Group PLC’s (TALK) Underperform Rating Reiterate at Jefferies Group

The Talktalk Telecom Group PLC’s (TALK) Underperform Rating Reiterate at Jefferies Group

Jefferies Group reissued their underperform rating on shares of Talktalk Telecom Group PLC (LON:TALK) in a report issued on Wednesday. They currently have a GBX 140 ($1.71) price objective on the stock.

A number of other equities analysts have also issued reports on TALK. Haitong Bank reiterated a sell rating and set a GBX 150 ($1.83) target price on shares of Talktalk Telecom Group PLC in a research report on Tuesday, July 26th. Societe Generale lowered shares of Talktalk Telecom Group PLC to a sell rating and reduced their target price for the stock from GBX 190 ($2.32) to GBX 185 ($2.25) in a research report on Thursday, July 21st. Deutsche Bank AG reiterated a buy rating and set a GBX 300 ($3.66) target price on shares of Talktalk Telecom Group PLC in a research report on Thursday, July 21st. Barclays PLC restated an overweight rating and issued a GBX 350 ($4.27) price objective on shares of Talktalk Telecom Group PLC in a report on Wednesday, July 13th. Finally, Berenberg Bank upgraded shares of Talktalk Telecom Group PLC to a hold rating and increased their price objective for the company from GBX 208 ($2.54) to GBX 224 ($2.73) in a report on Friday, July 22nd. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of GBX 240.53 ($2.93).

Talktalk Telecom Group PLC (LON:TALK) opened at 206.8148 on Wednesday. Talktalk Telecom Group PLC has a 12-month low of GBX 184.00 and a 12-month high of GBX 280.18. The stock’s market capitalization is GBX 1.96 billion. The stock’s 50 day moving average is GBX 205.85 and its 200 day moving average is GBX 224.81.

In other Talktalk Telecom Group PLC news, insider Torrens,Iain bought 132 shares of the firm’s stock in a transaction that occurred on Friday, August 12th. The stock was acquired at an average price of GBX 225 ($2.74) per share, with a total value of £297 ($361.97).

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