Shares of Talktalk Telecom Group PLC (LON:TALK) have been assigned an average rating of “Hold” from the eleven ratings firms that are covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is GBX 108.50 ($1.42).
A number of equities research analysts recently commented on 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. Deutsche Bank reissued a “buy” rating on shares of Talktalk Telecom Group in a report on Thursday, November 14th. UBS Group restated a “neutral” rating on shares of Talktalk Telecom Group in a research report on Monday, November 18th. Barclays reaffirmed an “overweight” rating and set a GBX 150 ($1.96) price objective on shares of Talktalk Telecom Group in a research note on Wednesday, November 20th. Finally, Macquarie upgraded shares of Talktalk Telecom Group to an “outperform” rating in a report on Friday, October 18th.
In other news, insider Charles W. Dunstone bought 3,000,000 shares of the stock in a transaction dated Friday, September 6th. The stock was bought at an average price of GBX 104 ($1.36) per share, for a total transaction of £3,120,000 ($4,076,832.61). Also, insider Charles W. Dunstone bought 1,000,000 shares of the stock in a transaction dated 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). In the last quarter, insiders purchased 7,000,000 shares of company stock worth $732,000,000.
Shares of Talktalk Telecom Group stock traded down GBX 0.80 ($0.01) on Tuesday, hitting GBX 104.20 ($1.36). The stock had a trading volume of 612,329 shares, compared to its average volume of 3,760,000. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 400.38. Talktalk Telecom Group has a one year low of GBX 91.65 ($1.20) and a one year high of GBX 134.40 ($1.76). The stock’s 50-day simple moving average is GBX 108.98 and its two-hundred day simple moving average is GBX 109.15. The stock has a market cap of $1.19 billion and a price-to-earnings ratio of 33.61.
The firm also recently declared a dividend, which will be paid on Monday, December 16th. Investors of record on Thursday, November 28th will be paid 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 payout ratio is 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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