Talktalk Telecom Group’s (TALK) “Outperform” Rating Reaffirmed at Macquarie

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Macquarie reiterated their outperform rating on shares of Talktalk Telecom Group (LON:TALK) in a research report report published on Friday morning. They currently have a GBX 150 ($1.96) price objective on the stock.

Several other equities analysts have also weighed in on TALK. Credit Suisse Group reduced their target price on shares of Talktalk Telecom Group from GBX 140 ($1.83) to GBX 90 ($1.18) and set an underperform rating on the stock in a report on Thursday, July 12th. Numis Securities restated a reduce rating on shares of Talktalk Telecom Group in a report on Wednesday, July 18th. UBS Group restated a neutral rating on shares of Talktalk Telecom Group in a report on Monday, October 8th. Deutsche Bank restated a buy rating on shares of Talktalk Telecom Group in a report on Friday, September 28th. Finally, Barclays upgraded shares of 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. Five analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The stock has an average rating of Hold and an average price target of GBX 116.38 ($1.52).

Shares of LON:TALK traded down GBX 2.30 ($0.03) during midday trading on Friday, hitting GBX 121.40 ($1.59). 2,185,817 shares of the company’s stock traded hands, compared to its average volume of 3,760,000. Talktalk Telecom Group has a twelve month low of GBX 88.60 ($1.16) and a twelve month high of GBX 220 ($2.87).

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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Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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