TalkTalk Telecom Group PLC (TALK) Price Target Lowered to GBX 150 at Citigroup Inc.

TalkTalk Telecom Group PLC (LON:TALK) had its target price reduced by Citigroup Inc. from GBX 180 ($2.37) to GBX 150 ($1.97) in a report issued on Monday. Citigroup Inc. currently has a sell rating on the stock.

A number of other brokerages have also weighed in on TALK. Deutsche Bank AG restated a buy rating and issued a GBX 230 ($3.03) price objective on shares of TalkTalk Telecom Group PLC in a report on Thursday, November 16th. Credit Suisse Group lowered TalkTalk Telecom Group PLC to an underperform rating and decreased their price objective for the company from GBX 210 ($2.76) to GBX 170 ($2.24) in a report on Thursday, September 28th. Jefferies Group LLC restated an underperform rating and issued a GBX 125 ($1.64) price objective on shares of TalkTalk Telecom Group PLC in a report on Wednesday, September 13th. Numis Securities Ltd started coverage on TalkTalk Telecom Group PLC in a report on Tuesday, July 25th. They issued a reduce rating and a GBX 150 ($1.97) price objective on the stock. Finally, Royal Bank Of Canada lowered TalkTalk Telecom Group PLC to a sector performer rating and decreased their price objective for the company from GBX 225 ($2.96) to GBX 190 ($2.50) in a report on Thursday, November 16th. Eleven analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. TalkTalk Telecom Group PLC has an average rating of Hold and a consensus target price of GBX 165.63 ($2.18).

TalkTalk Telecom Group PLC (TALK) opened at GBX 157 ($2.06) on Monday. TalkTalk Telecom Group PLC has a fifty-two week low of GBX 144.96 ($1.91) and a fifty-two week high of GBX 220 ($2.89).

TalkTalk Telecom Group PLC (LON:TALK) last announced its quarterly earnings data on Wednesday, November 15th. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter, missing analysts’ consensus estimates of GBX 4.20 ($0.06) by GBX (4.70) (($0.06)). The firm had revenue of £856 million during the quarter. TalkTalk Telecom Group PLC had a negative net margin of 8.57% and a negative return on equity of 158.23%.

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TalkTalk Telecom Group PLC Company Profile

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.

Analyst Recommendations for TalkTalk Telecom Group PLC (LON:TALK)

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