Talktalk Telecom Group PLC (LON:TALK) had its price target decreased by equities research analysts at Barclays PLC from GBX 350 ($4.37) to GBX 250 ($3.12) in a research report issued on Monday. The firm currently has an “overweight” rating on the stock. Barclays PLC’s target price points to a potential upside of 60.26% from the company’s previous close.
Several other analysts have also commented on the company. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 260 ($3.25) price objective on shares of Talktalk Telecom Group PLC in a report on Wednesday, August 10th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 300 ($3.75) price objective on shares of Talktalk Telecom Group PLC in a report on Tuesday, September 6th. Macquarie dropped their price objective on Talktalk Telecom Group PLC from GBX 300 ($3.75) to GBX 290 ($3.62) and set an “outperform” rating on the stock in a report on Monday, October 10th. Haitong Bank reissued a “sell” rating and issued a GBX 150 ($1.87) price objective on shares of Talktalk Telecom Group PLC in a report on Thursday, September 15th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 260 ($3.25) price objective on shares of Talktalk Telecom Group PLC in a report on Tuesday, July 19th. Five analysts have rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 229.63 ($2.87).
Shares of Talktalk Telecom Group PLC (LON:TALK) traded up 0.39% during trading on Monday, reaching GBX 156.00. The company’s stock had a trading volume of 2,882,276 shares. The company’s market capitalization is GBX 1.48 billion. Talktalk Telecom Group PLC has a 1-year low of GBX 152.40 and a 1-year high of GBX 280.18. The stock has a 50 day moving average of GBX 198.74 and a 200-day moving average of GBX 215.84.
The firm also recently announced a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, November 24th will be given a GBX 5.29 ($0.07) dividend. The ex-dividend date is Thursday, November 24th. This represents a yield of 2.78%.
In other Talktalk Telecom Group PLC news, insider Tristia Harrison sold 116,152 shares of Talktalk Telecom Group PLC stock in a transaction on Tuesday, November 15th. The stock was sold at an average price of GBX 190 ($2.37), for a total value of £220,688.80 ($275,723.14).