Talktalk Telecom Group PLC 13.4% Potential Decrease Indicated by HSBC

Broker Ratings
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Talktalk Telecom Group PLC using EPIC/TICKER code (LON:TALK) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘REDUCE’ this morning by analysts at HSBC. Talktalk Telecom Group PLC are listed in the Telecommunications sector within UK Main Market. HSBC have set a target price of 82 GBX on its stock. This would imply the analyst believes there is a potential downside of -13.4% from today’s opening price of 94.7 GBX. Over the last 30 and 90 trading days the company share price has decreased 19 points and decreased 21.9 points respectively. The 52 week high share price is 140.1 GBX while the year low stock price is currently 88.6 GBX.

Talktalk Telecom Group PLC has a 50 day moving average of 116.47 GBX and a 200 Day Moving Average share price is recorded at 121.26. There are currently 1,146,269,670 shares in issue with the average daily volume traded being 2,083,958. Market capitalisation for LON:TALK is £1,090,102,438 GBP.

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