Deutsche Bank reissued their buy rating on shares of Talktalk Telecom Group (LON:TALK) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.
Other analysts have also recently issued reports about the stock. HSBC upped their price target on shares of Talktalk Telecom Group from GBX 82 ($1.07) to GBX 95 ($1.24) and gave the company a reduce rating in a report on Wednesday, November 27th. UBS Group reissued a neutral rating on shares of Talktalk Telecom Group in a report on Monday, November 18th. Macquarie raised shares of Talktalk Telecom Group to an outperform rating in a report on Friday, October 18th. Finally, Barclays reissued an overweight rating and issued a GBX 150 ($1.96) target price on shares of Talktalk Telecom Group in a research report on Wednesday, November 20th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Hold and a consensus target price of GBX 116.38 ($1.52).
TALK stock opened at GBX 105.30 ($1.38) on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.37 and a debt-to-equity ratio of 400.38. The firm has a 50 day simple moving average of GBX 108.47 and a 200-day simple moving average of GBX 108.75. The company has a market capitalization of $1.21 billion and a P/E ratio of 33.97. Talktalk Telecom Group has a twelve month low of GBX 91.65 ($1.20) and a twelve month high of GBX 128.50 ($1.68).
The company also recently announced a dividend, which will be paid on Monday, December 16th. Stockholders of record on Thursday, November 28th will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, November 28th. This represents a dividend yield of 0.95%. Talktalk Telecom Group’s payout ratio is 0.97%.
In other Talktalk Telecom Group news, insider Charles W. Dunstone purchased 3,000,000 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was acquired at an average cost of GBX 105 ($1.37) per share, with a total value of £3,150,000 ($4,116,032.93). Also, insider Charles W. Dunstone acquired 1,000,000 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average cost of GBX 105 ($1.37) per share, with a total value of £1,050,000 ($1,372,010.98).
Talktalk Telecom Group Company Profile
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.
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