Talktalk Telecom Group PLC (LON:TALK) Receives Average Rating of “Hold” from Analysts

Shares of Talktalk Telecom Group PLC (LON:TALK) have earned an average rating of “Hold” from the eleven research firms that are presently covering the company, reports. Four research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 99.67 ($1.30).

TALK has been the topic of several recent research reports. Morgan Stanley reissued an “equal weight” rating on shares of Talktalk Telecom Group in a report on Monday, July 15th. Barclays reaffirmed an “overweight” rating on shares of Talktalk Telecom Group in a research note on Thursday, July 18th. Deutsche Bank reaffirmed a “buy” rating on shares of Talktalk Telecom Group in a research note on Thursday, July 18th. Finally, Macquarie raised Talktalk Telecom Group to an “outperform” rating in a research note on Friday.

Shares of LON:TALK traded up GBX 0.50 ($0.01) during trading on Monday, hitting GBX 113.50 ($1.48). 778,839 shares of the stock were exchanged, compared to its average volume of 3,760,000. Talktalk Telecom Group has a 1-year low of GBX 91.65 ($1.20) and a 1-year high of GBX 136.30 ($1.78). The company has a market capitalization of $1.30 billion and a price-to-earnings ratio of 40.54. The company’s fifty day simple moving average is GBX 106.37 and its 200-day simple moving average is GBX 111.71. The company has a debt-to-equity ratio of 294.44, a quick ratio of 0.44 and a current ratio of 0.62.

In other news, insider Charles W. Dunstone bought 3,000,000 shares of the company’s 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).

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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Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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