TalkTalk Telecom Group PLC (LON:TALK) “Outperform” Rating Reaffirmed Today By Credit Suisse; The Target Price Given is GBX 280.00

Share

TalkTalk Telecom Group PLC (LON:TALK) Rating Reaffirmed

Credit Suisse now has a GBX 280.00 price target on the 2.12 billion GBP market cap company or 26.98% upside potential. In analysts note disseminated on 17 December, TalkTalk Telecom Group PLC (LON:TALK) shares have had their “Outperform” Rating has reaffirmed by investment analysts at Credit Suisse.

From a total of 18 analysts covering TalkTalk Telecom Group PLC (LON:TALK) stock, 5 rate it a ”Buy”, 5 a “Sell”, and 9 a ”Hold”. This means that 26% of the ratings are positive. The highest target price is GBX 400 while the lowest target price is GBX 56. The mean of all analyst targets is GBX 262.61 with a 33.28% above today’s (GBX 225.5) stock price. TalkTalk Telecom Group PLC was the topic of 35 analyst reports since July 23, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on November 30 with “Overweight” rating. Nomura maintained shares with “Reduce” rating and GBX 210 target share price in a report from a November 12. Societe Generale maintained TALK stock in a recent report from November 27 with “Sell” rating. Citigroup maintained the rating on November 12. Citigroup has a “Neutral” rating and a GBX 260 price target on shares. Finally, Goldman Sachs maintained the stock with “Buy” rating in a report issued on a November 12.

The stock closed the day at GBX 225.5 during the previous session. It is down 43.63% since May 20, 2015 and is downtrending. It has underperformed by 41.36% the S&P500.

TalkTalk Telecom Group PLC (LON:TALK)

TalkTalk Telecom Group PLC is a United Kingdom well-known provider of fixed line broadband, voice telephony, mobile and television services. The company has a market cap of 2.12 billion GBP. The Firm serves approximately four million residential and business clients under the TalkTalk and TalkTalk Business brands. It has 42.48 P/E ratio. The Company, through blinkbox Entertainment Limited , provides multi-device, multi-platform video content.

COMMENTS: