Barclays reaffirmed their equal weight rating on shares of Talktalk Telecom Group (LON:TALK) in a research report released on Friday, January 19th. They currently have a GBX 170 ($2.35) price target on the stock.
TALK has been the subject of a number of other reports. Credit Suisse Group reiterated an underperform rating and issued a GBX 170 ($2.35) price target on shares of Talktalk Telecom Group in a research report on Friday, October 13th. Citigroup downgraded shares of Talktalk Telecom Group to a sell rating and set a GBX 180 ($2.49) price target for the company. in a research report on Monday, October 9th. Deutsche Bank reiterated a buy rating and issued a GBX 230 ($3.18) price target on shares of Talktalk Telecom Group in a research report on Friday, November 10th. Royal Bank of Canada downgraded shares of Talktalk Telecom Group to a sector performer rating and dropped their price target for the company from GBX 225 ($3.11) to GBX 190 ($2.63) in a research report on Thursday, November 16th. Finally, Jefferies Group dropped their price target on shares of Talktalk Telecom Group from GBX 125 ($1.73) to GBX 95 ($1.31) and set an underperform rating for the company in a research report on Monday, December 11th. Eight equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. Talktalk Telecom Group presently has a consensus rating of Hold and an average price target of GBX 141.33 ($1.95).
Shares of Talktalk Telecom Group (LON:TALK) traded up GBX 0.30 ($0.00) during trading hours on Friday, hitting GBX 106.60 ($1.47). The stock had a trading volume of 2,029,289 shares, compared to its average volume of 2,770,000. Talktalk Telecom Group has a 12 month low of GBX 98.65 ($1.36) and a 12 month high of GBX 220 ($3.04). The company has a market capitalization of $1,020.00 and a PE ratio of -2,665.00.
Talktalk Telecom Group (LON:TALK) last issued its quarterly earnings data on Wednesday, November 15th. The company reported GBX (0.50) (($0.01)) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 4.20 ($0.06) by GBX (4.70) (($0.06)). Talktalk Telecom Group had a negative return on equity of 158.23% and a negative net margin of 8.57%. The firm had revenue of £856 million for the quarter.
In other news, insider Charles W. Dunstone acquired 32,710,280 shares of the stock in a transaction on Thursday, February 8th. The stock was acquired at an average cost of GBX 107 ($1.48) per share, for a total transaction of £34,999,999.60 ($48,355,898.87).
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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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