According to an update released by analysts at Exane BNP Paribas the broker has now set a ‘Underperform’ rating on shares of TalkTalk Telecom Group PLC (LON:TALK) with a price target of 170.
Exane BNP Paribas on Wednesday reiterated TalkTalk Telecom Group PLC’s analyst rating as ‘Underperform’ with its price target of 170 highlighting a potential decrease of -18.11% from TalkTalk Telecom Group PLC’s current price of 207.6.
Over the last twelve months TalkTalk Telecom Group PLC’s stock price has decreased from 274.49 to 207.6, a change of -24.37%.
TalkTalk Telecom Group PLC has 946,000,000 shares in issue which have a share price of 207.6 giving TalkTalk Telecom Group PLC a market capitalisation of 1.96B GBp.
The company has a 50 day moving average of 205.96 and a 200 day moving average of 226.24. The 52 week high shares of TalkTalk Telecom Group PLC have reached is 295.2 whilst the 52 week low for the company’s shares is 184.
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.