A number of other brokerages have also recently weighed in on TALK. Credit Suisse Group reissued an underperform rating and issued a GBX 170 ($2.31) price target on shares of TalkTalk Telecom Group in a research note on Friday, October 13th. Citigroup cut TalkTalk Telecom Group to a sell rating and set a GBX 180 ($2.44) price target on the stock. in a research note on Monday, October 9th. Deutsche Bank reissued a buy rating and issued a GBX 230 ($3.12) price target on shares of TalkTalk Telecom Group in a research note on Friday, November 10th. Royal Bank of Canada cut TalkTalk Telecom Group to a sector performer rating and dropped their price target for the stock from GBX 225 ($3.05) to GBX 190 ($2.58) in a research note on Thursday, November 16th. Finally, Jefferies Group dropped their price target on TalkTalk Telecom Group from GBX 125 ($1.70) to GBX 95 ($1.29) and set an underperform rating on the stock in a research note on Monday, December 11th. Ten research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of GBX 157 ($2.13).
Shares of TalkTalk Telecom Group (LON:TALK) traded down GBX 0.80 ($0.01) on Friday, reaching GBX 137.80 ($1.87). The company had a trading volume of 1,658,070 shares, compared to its average volume of 1,680,000. The stock has a market cap of $1,310.00 and a PE ratio of -3,445.00. TalkTalk Telecom Group has a 1 year low of GBX 131.30 ($1.78) and a 1 year high of GBX 220 ($2.98).
TalkTalk Telecom Group (LON:TALK) last issued its quarterly earnings results on Wednesday, November 15th. The company reported GBX (0.50) (($0.01)) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 4.20 ($0.06) by GBX (4.70) (($0.06)). The company had revenue of £856 million during the quarter. TalkTalk Telecom Group had a negative return on equity of 158.23% and a negative net margin of 8.57%.
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TalkTalk Telecom Group 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.
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