Rating Summary: TalkTalk Telecom Group PLC (LON:TALK) Stock Rating Kept at Societe Generale; The GBX 130.00 Target Indicates -20.25% Potential

November 23, 2016 - By Peter Erickson

TalkTalk Telecom Group PLC (LON:TALK) Rating

Research professionals at Societe Generale have GBX 130.00 target price per share on TalkTalk Telecom Group PLC (LON:TALK). Societe Generale’s target price per share would indicate a potential downside of -20.25% from the company’s previous close. The rating was revealed to clients and investors in a research report on 23 November.

Talktalk Telecom Group PLC (LON:TALK) Ratings Coverage

Out of 20 analysts covering TalkTalk Telecom Group PLC (LON:TALK), 6 rate it a “Buy”, 5 “Sell”, while 9 “Hold”. This means 30% are positive. GBX 500 is the highest target while GBX 21 is the lowest. The GBX 244.21 average target is 48.37% above today’s (GBX 164.6) stock price. TalkTalk Telecom Group PLC has been the topic of 96 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by HSBC on Wednesday, June 15 with “Hold”. Deutsche Bank maintained it with “Buy” rating and GBX 300 target price in Monday, November 14 report. Jefferies maintained Talktalk Telecom Group PLC (LON:TALK) on Wednesday, October 26 with “Underperform” rating. The company was maintained on Friday, May 13 by Barclays Capital. As per Tuesday, July 26, the company rating was maintained by Haitong Securities. Goldman Sachs maintained it with “Buy” rating and GBX 375 target price in Thursday, November 12 report. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, September 7. Credit Suisse maintained the shares of TALK in a report on Thursday, April 21 with “Outperform” rating. The stock of Talktalk Telecom Group PLC (LON:TALK) has “Outperform” rating given on Monday, October 19 by Credit Suisse. The stock of Talktalk Telecom Group PLC (LON:TALK) earned “Neutral” rating by JP Morgan on Wednesday, July 13.

About 1.48M shares traded hands. Talktalk Telecom Group PLC (LON:TALK) has declined 37.40% since April 26, 2016 and is downtrending. It has underperformed by 42.73% the S&P500.

TalkTalk Telecom Group PLC is a provider of fixed line broadband, voice telephony, mobile and television services. The company has a market cap of 1.57 billion GBP. The Firm serves over four million residential and business clients under the TalkTalk and TalkTalk Business brands. It has a 52.74 P/E ratio. TalkTalk residential packages offer broadband, phone, television and mobile services.

TALK Company Profile

iTalk, Inc. (iTalk), incorporated on July 10, 2006, is a full service solutions well-known provider for the mobility industry, specializing in retail and wholesale distribution, master agent services, as well as providing turnkey dealer portal and logistics solutions to its clients. iTalk provides solutions to its network of resellers and e-commerce driven consumers. The Company’s distribution network consists of various channels enabling it to source and develop services and products, while deploying emerging mobile technologies and brands into the marketplace. iTalk has activities in San Antonio, Texas; Dallas, Texas; the Carolinas, Georgia, and Miami, Florida.

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