Macquarie upgraded shares of Talktalk Telecom Group (LON:TALK) to an outperform rating in a research note released on Friday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts also recently weighed in on the stock. Barclays reissued an overweight rating on shares of Talktalk Telecom Group in a research note on Thursday, July 18th. Deutsche Bank reissued a buy rating on shares of Talktalk Telecom Group in a research note on Thursday, July 18th. Morgan Stanley reissued an equal weight rating on shares of Talktalk Telecom Group in a research note on Monday, July 15th. Finally, UBS Group reissued a neutral rating and issued a GBX 110 ($1.44) price target (down from GBX 120 ($1.57)) on shares of Talktalk Telecom Group in a research note on Thursday, June 20th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Talktalk Telecom Group currently has a consensus rating of Hold and an average target price of GBX 117.63 ($1.54).
LON:TALK opened at GBX 112.17 ($1.47) on Friday. The company’s 50-day moving average price is GBX 105.66 and its 200-day moving average price is GBX 111.68. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 294.44. The company has a market cap of $1.29 billion and a P/E ratio of 40.06. Talktalk Telecom Group has a twelve month low of GBX 91.65 ($1.20) and a twelve month high of GBX 136.30 ($1.78).
In other news, insider Charles W. Dunstone acquired 3,000,000 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average cost 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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