Talktalk Telecom Group PLC (LON:TALK) Receives Average Rating of “Hold” from Analysts

Talktalk Telecom Group PLC (LON:TALK) has been assigned an average recommendation of “Hold” from the eleven analysts that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 108.50 ($1.42).

A number of equities research analysts have recently issued reports on TALK shares. Barclays reaffirmed an “overweight” rating and issued a GBX 150 ($1.96) target price on shares of Talktalk Telecom Group in a report on Wednesday, November 20th. HSBC raised their target price 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 research note on Wednesday, November 27th. Deutsche Bank reiterated a “buy” rating on shares of Talktalk Telecom Group in a report on Thursday, November 14th. UBS Group reissued a “neutral” rating on shares of Talktalk Telecom Group in a research report on Monday, November 18th. Finally, Macquarie upgraded Talktalk Telecom Group to an “outperform” rating in a research note on Friday, October 18th.

In other Talktalk Telecom Group news, insider Charles W. Dunstone bought 1,000,000 shares of the stock in a transaction on Friday, November 15th. The stock was purchased at an average price of GBX 105 ($1.37) per share, with a total value of £1,050,000 ($1,372,010.98). Also, insider Charles W. Dunstone bought 3,000,000 shares of the company’s stock in a transaction dated Friday, September 6th. The stock was bought at an average cost of GBX 104 ($1.36) per share, with a total value of £3,120,000 ($4,076,832.61). In the last ninety days, insiders have bought 7,000,000 shares of company stock valued at $732,000,000.

TALK traded down GBX 0.80 ($0.01) on Tuesday, hitting GBX 104.20 ($1.36). 612,329 shares of the company were exchanged, compared to its average volume of 3,760,000. Talktalk Telecom Group has a 12 month low of GBX 91.65 ($1.20) and a 12 month high of GBX 134.40 ($1.76). The company has a market cap of $1.19 billion and a PE ratio of 33.61. The company has a debt-to-equity ratio of 400.38, a quick ratio of 0.37 and a current ratio of 0.53. The stock’s fifty day moving average is GBX 108.98 and its 200-day moving average is GBX 109.15.

The company also recently announced a dividend, which will be paid on Monday, December 16th. Shareholders of record on Thursday, November 28th will be issued a GBX 1 ($0.01) dividend. This represents a yield of 0.95%. The ex-dividend date is Thursday, November 28th. Talktalk Telecom Group’s dividend payout ratio is currently 0.97%.

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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Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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