Talktalk Telecom Group PLC (LON:TALK) had its target price upped by Citigroup Inc. from GBX 150 ($1.90) to GBX 180 ($2.28) in a research report report published on Friday, May 12th, MarketBeat Ratings reports. They currently have a neutral rating on the stock.
A number of other analysts have also commented on the stock. HSBC Holdings plc upgraded shares of Talktalk Telecom Group PLC to a buy rating and lifted their price target for the stock from GBX 175 ($2.21) to GBX 250 ($3.16) in a research note on Friday, April 21st. Jefferies Group LLC reduced their price target on shares of Talktalk Telecom Group PLC from GBX 140 ($1.77) to GBX 125 ($1.58) and set an underperform rating for the company in a research note on Tuesday, January 24th. Credit Suisse Group restated an outperform rating and set a GBX 260 ($3.29) target price on shares of Talktalk Telecom Group PLC in a research report on Friday, April 21st. BNP Paribas restated an underperform rating and set a GBX 150 ($1.90) target price on shares of Talktalk Telecom Group PLC in a research report on Tuesday, March 14th. Finally, Macquarie restated an outperform rating and set a GBX 240 ($3.04) target price on shares of Talktalk Telecom Group PLC in a research report on Tuesday, May 9th. Seven 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 company has an average rating of Hold and an average target price of GBX 178.33 ($2.26).
Talktalk Telecom Group PLC (TALK) opened at 182.10 on Friday. The firm has a 50-day moving average of GBX 177.99 and a 200-day moving average of GBX 173.30. Talktalk Telecom Group PLC has a 1-year low of GBX 144.96 and a 1-year high of GBX 248.70. The stock’s market capitalization is GBX 1.73 billion.
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The firm also recently declared a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be paid a dividend of GBX 5 ($0.06) per share. 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 company’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of GBX 168 ($2.13), for a total transaction of £43,092 ($54,512.33).
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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