Talktalk Telecom Group (TALK) Stock Rating Reaffirmed by BNP Paribas

BNP Paribas reiterated their underperform rating on shares of Talktalk Telecom Group (LON:TALK) in a report released on Wednesday morning. BNP Paribas currently has a GBX 90 ($1.26) target price on the stock.

Several other analysts also recently commented on TALK. Jefferies Group decreased their price objective on shares of Talktalk Telecom Group from GBX 125 ($1.75) to GBX 95 ($1.33) and set an underperform rating on the stock in a research report on Monday, December 11th. Royal Bank of Canada restated a sector performer rating on shares of Talktalk Telecom Group in a research report on Tuesday, January 16th. Barclays restated an equal weight rating and set a GBX 170 ($2.39) price objective on shares of Talktalk Telecom Group in a research report on Friday, January 19th. Societe Generale decreased their price objective on shares of Talktalk Telecom Group from GBX 150 ($2.11) to GBX 125 ($1.75) and set a sell rating on the stock in a research report on Monday, January 29th. Finally, Goldman Sachs decreased their price objective on shares of Talktalk Telecom Group from GBX 130 ($1.82) to GBX 100 ($1.40) and set a sell rating on the stock in a research report on Friday, February 9th. Eight equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Talktalk Telecom Group currently has an average rating of Hold and a consensus target price of GBX 135.33 ($1.90).

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Shares of TALK stock opened at GBX 123.20 ($1.73) on Wednesday. Talktalk Telecom Group has a one year low of GBX 88.60 ($1.24) and a one year high of GBX 220 ($3.09).

In related news, insider Charles W. Dunstone purchased 32,710,280 shares of Talktalk Telecom Group stock in a transaction on Thursday, February 8th. The shares were bought at an average cost of GBX 107 ($1.50) per share, for a total transaction of £34,999,999.60 ($49,129,701.85).

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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.

Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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