Talktalk Telecom Group (LON:TALK) Given Buy Rating at Deutsche Bank

Talktalk Telecom Group (LON:TALK)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued research reports about the stock. UBS Group reiterated a “neutral” rating and issued a GBX 107 ($1.40) price target (down previously from GBX 110 ($1.44)) on shares of Talktalk Telecom Group in a research note on Friday, November 8th. Barclays reiterated an “overweight” rating on shares of Talktalk Telecom Group in a research note on Thursday, July 18th. Finally, Macquarie upgraded shares of Talktalk Telecom Group to an “outperform” rating in a research note on Friday, October 18th. Four investment 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. Talktalk Telecom Group currently has an average rating of “Hold” and an average price target of GBX 117.25 ($1.53).

Shares of Talktalk Telecom Group stock opened at GBX 111.18 ($1.45) on Thursday. Talktalk Telecom Group has a 52-week low of GBX 91.65 ($1.20) and a 52-week high of GBX 134.40 ($1.76). The company has a 50 day moving average of GBX 108.85 and a 200 day moving average of GBX 110.92. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 294.44. The company has a market capitalization of $1.27 billion and a P/E ratio of 39.71.

In other news, insider Charles W. Dunstone purchased 3,000,000 shares of the firm’s stock in a transaction that occurred on 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).

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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