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HSBC covered TalkTalk Telecom Group PLC (LON:TALK), hiking its price target to 250.00GBX earlier today

Just yesterday TalkTalk Telecom Group PLC (LON:TALK) traded -0.94% lower at 194.45GBX. TALK’s 50-day average is 183.09GBX and its two hundred day average is 178.76GBX. With the last close up 5.73% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same time. 1,104,921 shares of TalkTalk Telecom Group PLC exchanged hands, down from an avg. volume of 2,588,300

Reporting a possible upside of 0.29%, HSBC bumped up the target of TalkTalk Telecom Group PLC (LON:TALK) to 250.00GBX

On Tuesday March 14, 2017, Exane BNP Paribas released a statement for TalkTalk Telecom Group PLC (LON:TALK) maintained the target price at 150.00GBX. At the time, this indicated a possible downside of -0.15%.

Recent Performance Chart

TalkTalk Telecom Group PLC (LON:TALK)

TalkTalk Telecom Group PLC has price-earnings ratio of 59.06 with a one year low of 144.96GBX and a 52 week high of 280.18GBX and has a market cap of 0 GBX.

In addition to HSBC reporting its stock price target, a total of 19 brokers have issued a research note on the stock. The consensus target price is 231.42GBX with 1 broker rating the company a strong buy, four brokerages rating the company a buy, seven equity analysts rating the company a hold, five equity analysts rating the company a underperform, and lastly two analysts rating the company a sell.

About TalkTalk Telecom Group PLC (LON:TALK)

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. TalkTalk offers three customer propositions: SimplyBroadband, which offers unlimited broadband without inclusive landline calls, and Essentials TV and Plus TV, which delivers broadband, television and phone services. TalkTalk Business is a business-to-business telecom provider serving the needs of over 180,000 business and public sector customers across the nation. It delivers a range of communications products and services, including connectivity and networking, hosted solutions, mobile, voice and Internet Protocol (IP) telephone systems. The Company offers voice and data services to consumers and small to mid-sized enterprises in the United Kingdom.

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