Talktalk Telecom Group PLC’s (TALK) “Overweight” Rating Reaffirmed at Barclays PLC
Barclays PLC reaffirmed their overweight rating on shares of Talktalk Telecom Group PLC (LON:TALK) in a research report report published on Wednesday morning. The firm currently has a GBX 250 ($3.12) price objective on the stock.
Several other equities research analysts have also recently issued reports on TALK. Royal Bank Of Canada reissued a sector perform rating and set a GBX 260 ($3.25) target price on shares of Talktalk Telecom Group PLC in a research note on Tuesday, July 19th. Haitong Bank reissued a sell rating and set a GBX 150 ($1.87) target price on shares of Talktalk Telecom Group PLC in a research note on Wednesday, July 20th. JPMorgan Chase & Co. reissued a neutral rating and set a GBX 230 ($2.87) target price on shares of Talktalk Telecom Group PLC in a research note on Thursday, July 21st. Deutsche Bank AG reissued a buy rating and set a GBX 300 ($3.75) target price on shares of Talktalk Telecom Group PLC in a research note on Thursday, July 21st. Finally, Berenberg Bank raised Talktalk Telecom Group PLC to a hold rating and raised their target price for the stock from GBX 208 ($2.60) to GBX 224 ($2.80) in a research note on Friday, July 22nd. Five analysts have rated the stock with a sell rating, seven have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of GBX 233.06 ($2.91).
Shares of Talktalk Telecom Group PLC (LON:TALK) traded down 2.37% during midday trading on Wednesday, hitting GBX 185.00. The company’s stock had a trading volume of 2,779,687 shares. The firm’s market cap is GBX 1767.89 billion. The firm has a 50-day moving average of GBX 205.41 and a 200 day moving average of GBX 219.77. Talktalk Telecom Group PLC has a 12-month low of GBX 182.70 and a 12-month high of GBX 280.18.
The business also recently announced a dividend, which will be paid on Friday, December 16th. Investors of record on Thursday, November 24th will be paid a GBX 5.29 ($0.07) dividend. This represents a yield of 2.78%. The ex-dividend date of this dividend is Thursday, November 24th.
In related news, insider Tristia Harrison sold 116,152 shares of the company’s stock in a transaction that occurred on Tuesday, November 15th. The stock was sold at an average price of GBX 190 ($2.37), for a total value of £220,688.80 ($275,723.14).
Talktalk Telecom Group PLC 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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