Talktalk Telecom Group’s (TALK) Outperform Rating Reiterated at Macquarie

Macquarie reissued their outperform rating on shares of Talktalk Telecom Group (LON:TALK) in a research note issued to investors on Friday morning. The firm currently has a GBX 150 ($1.96) price objective on the stock.

A number of other equities research analysts also recently weighed in on the stock. Deutsche Bank reaffirmed a buy rating on shares of Talktalk Telecom Group in a research report on Wednesday, September 12th. Morgan Stanley boosted their price objective on shares of Talktalk Telecom Group from GBX 120 ($1.57) to GBX 125 ($1.63) and gave the company an equal weight rating in a research report on Tuesday, August 14th. Barclays raised shares of Talktalk Telecom Group to an overweight rating and boosted their price objective for the company from GBX 130 ($1.70) to GBX 150 ($1.96) in a research report on Thursday, August 23rd. UBS Group reaffirmed a neutral rating on shares of Talktalk Telecom Group in a research report on Monday, October 8th. Finally, Numis Securities reaffirmed a reduce rating on shares of Talktalk Telecom Group in a research report on Wednesday, July 18th. Five research 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. Talktalk Telecom Group currently has a consensus rating of Hold and an average target price of GBX 116.38 ($1.52).

Shares of Talktalk Telecom Group stock traded down GBX 2.30 ($0.03) during trading on Friday, reaching GBX 121.40 ($1.59). The company had a trading volume of 2,185,817 shares, compared to its average volume of 3,760,000. Talktalk Telecom Group has a fifty-two week low of GBX 88.60 ($1.16) and a fifty-two week 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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