Talktalk Telecom Group PLC (TALK) Insider Buys £444,123.81 in Stock

Talktalk Telecom Group PLC (LON:TALK) insider Charles W. Dunstone acquired 379,593 shares of the company’s stock in a transaction on Friday, November 23rd. The shares were acquired at an average cost of GBX 117 ($1.53) per share, for a total transaction of £444,123.81 ($580,326.42).

TALK stock opened at GBX 121.10 ($1.58) on Tuesday. Talktalk Telecom Group PLC has a 1-year low of GBX 88.60 ($1.16) and a 1-year high of GBX 220 ($2.87).

The business also recently disclosed a dividend, which will be paid on Monday, December 24th. Investors of record on Thursday, November 29th will be given a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.8%. The ex-dividend date is Thursday, November 29th.

Several equities research analysts have recently weighed in on TALK shares. Deutsche Bank reiterated a “buy” rating on shares of Talktalk Telecom Group in a research report on Friday, August 10th. Morgan Stanley upped their price target on Talktalk Telecom Group from GBX 120 ($1.57) to GBX 125 ($1.63) and gave the company an “equal weight” rating in a research report on Tuesday, August 14th. Barclays upgraded Talktalk Telecom Group to an “overweight” rating and upped their price target for the company from GBX 130 ($1.70) to GBX 150 ($1.96) in a research report on Thursday, August 23rd. UBS Group reiterated a “neutral” rating on shares of Talktalk Telecom Group in a research report on Monday, October 8th. Finally, Macquarie reiterated an “outperform” rating and set a GBX 150 ($1.96) price target on shares of Talktalk Telecom Group in a research report on Friday, November 9th. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 116.38 ($1.52).

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About Talktalk Telecom Group

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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