TalkTalk tumbles as Exane slashes price target, forecasts dividend cut
TalkTalk took a tumble on Wednesday as Exane BNP Paribas slashed its price target on the stock by 35% to 90p, saying the company’s commercial recovery looks set to stall this year, as it reduced its subscriber, revenue and EBITDA estimates and said it expects a dividend cut.
Fixed Line Telecommunications
1,994.59
15:44 15/11/24
0.74%
14.70
FTSE 250
20,508.75
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
n/a
n/a
FTSE All-Share
4,411.85
15:45 15/11/24
n/a
n/a
TalkTalk Telecom Group
96.90p
16:34 11/03/21
0.00%
0.00p