Talktalk Telecom Group (LON:TALK) had its price target trimmed by Royal Bank of Canada from GBX 150 ($2.10) to GBX 140 ($1.96) in a report published on Friday. The firm currently has an outperform rating on the stock.
Several other research firms have also recently weighed in on TALK. Deutsche Bank reissued a buy rating and set a GBX 230 ($3.22) price objective on shares of Talktalk Telecom Group in a research report on Thursday, November 16th. Barclays reissued an equal weight rating and set a GBX 170 ($2.38) price objective on shares of Talktalk Telecom Group in a research report on Friday, January 19th. Jefferies Group cut their price objective on Talktalk Telecom Group from GBX 125 ($1.75) to GBX 95 ($1.33) and set an underperform rating for the company in a research report on Monday, December 11th. JPMorgan Chase & Co. cut their price objective on Talktalk Telecom Group from GBX 150 ($2.10) to GBX 120 ($1.68) and set an underweight rating for the company in a research report on Thursday, November 30th. Finally, Credit Suisse Group reissued an underperform rating and set a GBX 170 ($2.38) price objective on shares of Talktalk Telecom Group in a research report on Friday, October 13th. Nine investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 144.29 ($2.02).
Talktalk Telecom Group (LON TALK) traded down GBX 3 ($0.04) on Friday, hitting GBX 105 ($1.47). The stock had a trading volume of 5,010,000 shares, compared to its average volume of 2,410,000. The company has a market cap of $1,000.00 and a P/E ratio of -2,625.00. Talktalk Telecom Group has a 52 week low of GBX 98.65 ($1.38) and a 52 week high of GBX 220 ($3.08).
In other news, insider Charles W. Dunstone purchased 32,710,280 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was purchased at an average price of GBX 107 ($1.50) per share, with a total value of £34,999,999.60 ($49,074,592.82).
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About Talktalk Telecom Group
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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