Talktalk Telecom Group (TALK) Receives “Buy” Rating from Deutsche Bank

Deutsche Bank reiterated their buy rating on shares of Talktalk Telecom Group (LON:TALK) in a research report sent to investors on Monday. The brokerage currently has a GBX 173 ($2.26) price objective on the stock.

A number of other research analysts have also recently commented on TALK. Barclays reissued an overweight rating on shares of Talktalk Telecom Group in a research note on Thursday, November 22nd. UBS Group reissued a neutral rating on shares of Talktalk Telecom Group in a research note on Friday, January 25th. Macquarie increased their target price on Talktalk Telecom Group from GBX 150 ($1.96) to GBX 170 ($2.22) and gave the company an outperform rating in a research note on Tuesday, November 27th. Finally, Royal Bank of Canada reissued a sector perform rating and issued a GBX 125 ($1.63) target price on shares of Talktalk Telecom Group in a research note on Thursday, November 22nd. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of GBX 118.58 ($1.55).

TALK opened at GBX 100.60 ($1.31) on Monday. Talktalk Telecom Group has a 52 week low of GBX 88.60 ($1.16) and a 52 week high of GBX 220 ($2.87).

In other Talktalk Telecom Group news, insider Charles W. Dunstone purchased 379,593 shares of the business’s stock in a transaction on Friday, November 23rd. The stock was acquired at an average cost of GBX 117 ($1.53) per share, for a total transaction of £444,123.81 ($580,326.42). Also, insider Charles W. Dunstone purchased 307,085 shares of the business’s stock in a transaction on Monday, November 26th. The shares were acquired at an average price of GBX 112 ($1.46) per share, with a total value of £343,935.20 ($449,412.26). Over the last 90 days, insiders have acquired 1,783,902 shares of company stock valued at $206,083,885.

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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