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TalkTalk Telecom Group PLC (LON:TALK) stock price target reduced to 130.00GBX, issued a research note today by Societe Generale

Yesterday TalkTalk Telecom Group PLC (LON:TALK) traded 0.39% higher at 163.50GBX. The company’s 50-day moving average is 198.74GBX and its 200-day moving average is 215.84GBX. The last closing price is down -27.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 2,882,276 shares of the stock traded hands, up from an average trading volume of 2,397,900

In a report released on 11/23/2016 Societe Generale reduced the stock price target of TalkTalk Telecom Group PLC (LON:TALK) from 185.00GBX to 130.00GBX indicating a possible downside of -0.20%.

Previously on 11/16/2016, Barclays Capital reported on TalkTalk Telecom Group PLC (LON:TALK) held steady the target price at 250.00GBX. At the time, this indicated a possible upside of 0.31%.

See Chart Below

TalkTalk Telecom Group PLC (LON:TALK)

TalkTalk Telecom Group PLC has a 52 week low of 152.40GBX and a 52 week high of 280.18GBX with a P/E ratio of 48.75 The company’s market cap is currently 0 GBX.

In addition to Societe Generale reporting its stock price target, a total of 19 brokers have issued a research note on the company. The average stock price target is 231.42GBX with 1 broker rating the stock a strong buy, 4 brokers rating the stock a buy, 7 brokers rating the stock a hold, 5 brokers rating the stock a underperform, and finally 2 brokers rating the stock a sell.

General Information 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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