Talktalk Telecom Group PLC (TALK) Receives Consensus Rating of “Hold” from Analysts
Talktalk Telecom Group PLC (LON:TALK) has earned an average recommendation of “Hold” from the seventeen brokerages that are currently covering the firm. 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 given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 229.63 ($2.87).
Several research analysts recently issued reports on the company. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 260 ($3.25) target price on shares of Talktalk Telecom Group PLC in a research report on Wednesday, August 10th. Barclays PLC reaffirmed an “overweight” rating and set a GBX 350 ($4.37) target price on shares of Talktalk Telecom Group PLC in a research report on Tuesday, October 4th. Haitong Bank reaffirmed a “sell” rating and set a GBX 150 ($1.87) target price on shares of Talktalk Telecom Group PLC in a research report on Monday, November 7th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 300 ($3.75) price objective on shares of Talktalk Telecom Group PLC in a report on Monday, November 14th. Finally, Macquarie reissued an “outperform” rating and issued a GBX 290 ($3.62) price objective on shares of Talktalk Telecom Group PLC in a report on Wednesday.
Shares of Talktalk Telecom Group PLC (LON:TALK) traded up 0.39% during mid-day trading on Friday, reaching GBX 156.00. The company had a trading volume of 2,882,276 shares. The stock has a 50 day moving average of GBX 198.74 and a 200-day moving average of GBX 215.84. The company’s market capitalization is GBX 1.48 billion. Talktalk Telecom Group PLC has a 52 week low of GBX 152.40 and a 52 week high of GBX 280.18.
The company also recently announced a dividend, which will be paid on Friday, December 16th. Stockholders of record on Thursday, November 24th will be given a GBX 5.29 ($0.07) dividend. The ex-dividend date is Thursday, November 24th. This represents a dividend yield of 2.78%.
In other news, insider Tristia Harrison sold 116,152 shares of the firm’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).
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About Talktalk Telecom Group PLC
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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