Talktalk Telecom Group (LON:TALK)‘s stock had its “outperform” rating reiterated by Macquarie in a note issued to investors on Friday. They presently have a GBX 150 ($1.96) price objective on the stock. Macquarie’s target price suggests a potential upside of 23.56% from the stock’s current price.
A number of other research analysts have also weighed in on the company. Deutsche Bank reaffirmed a “buy” rating on shares of Talktalk Telecom Group in a report on Wednesday, September 12th. Morgan Stanley lifted their target price on Talktalk Telecom Group from GBX 120 ($1.57) to GBX 125 ($1.63) and gave the company an “equal weight” rating in a report on Tuesday, August 14th. Barclays raised Talktalk Telecom Group to an “overweight” rating and lifted their target price for the company from GBX 130 ($1.70) to GBX 150 ($1.96) in a report on Thursday, August 23rd. UBS Group reaffirmed a “neutral” rating on shares of Talktalk Telecom Group in a report on Monday, October 8th. Finally, Numis Securities reaffirmed a “reduce” rating on shares of Talktalk Telecom Group in a report on Wednesday, July 18th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 116.38 ($1.52).
TALK stock opened at GBX 121.40 ($1.59) on Friday. Talktalk Telecom Group has a twelve month low of GBX 88.60 ($1.16) and a twelve month high of GBX 220 ($2.87).
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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