Talktalk Telecom Group PLC (LON:TALK) Receives Average Rating of “Hold” from Analysts
Shares of Talktalk Telecom Group PLC (LON:TALK) have earned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the company, Marketbeat.com reports. Seven investment analysts have rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 175 ($2.27).
A number of equities analysts recently issued reports on TALK shares. BNP Paribas reaffirmed an “underperform” rating and set a GBX 150 ($1.94) target price on shares of Talktalk Telecom Group PLC in a research report on Tuesday, March 14th. Deutsche Bank AG dropped their target price on shares of Talktalk Telecom Group PLC from GBX 280 ($3.63) to GBX 230 ($2.98) and set a “buy” rating on the stock in a research report on Monday, June 26th. Berenberg Bank lowered shares of Talktalk Telecom Group PLC to a “sell” rating and dropped their target price for the stock from GBX 224 ($2.90) to GBX 140 ($1.81) in a research report on Monday, June 12th. Macquarie reaffirmed an “outperform” rating and set a GBX 240 ($3.11) target price on shares of Talktalk Telecom Group PLC in a research report on Tuesday, May 9th. Finally, Royal Bank Of Canada raised shares of Talktalk Telecom Group PLC to an “outperform” rating and boosted their target price for the stock from GBX 185 ($2.40) to GBX 225 ($2.91) in a research report on Thursday, May 18th.
In related news, insider Tristia Harrison sold 25,650 shares of the company’s stock in a transaction dated Wednesday, May 10th. The shares were sold at an average price of GBX 168 ($2.18), for a total transaction of £43,092 ($55,818.65).
Talktalk Telecom Group PLC (LON TALK) traded down 0.87% on Tuesday, reaching GBX 181.80. 610,347 shares of the company’s stock were exchanged. Talktalk Telecom Group PLC has a 12 month low of GBX 144.96 and a 12 month high of GBX 248.70. The firm has a 50 day moving average of GBX 175.42 and a 200 day moving average of GBX 174.70. The stock’s market capitalization is GBX 1.73 billion.
The business also recently declared a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be given a dividend of GBX 5 ($0.06) per share. The ex-dividend date is Thursday, July 6th. This represents a yield of 2.96%.
About Talktalk Telecom Group PLC
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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