Talktalk Telecom Group (LON:TALK) Upgraded at Macquarie

Share on StockTwits

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.

Read More: How is a Moving Average Calculated?

Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

Receive News & Ratings for Talktalk Telecom Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talktalk Telecom Group and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Silver Bull Resources  & Fission Uranium  Head to Head Contrast
Silver Bull Resources & Fission Uranium Head to Head Contrast
National-Oilwell Varco, Inc.  Given Consensus Rating of “Hold” by Analysts
National-Oilwell Varco, Inc. Given Consensus Rating of “Hold” by Analysts
MAXIMUS  Posts  Earnings Results, Misses Estimates By $0.01 EPS
MAXIMUS Posts Earnings Results, Misses Estimates By $0.01 EPS
Lowe’s Companies  Posts  Earnings Results, Beats Estimates By $0.06 EPS
Lowe’s Companies Posts Earnings Results, Beats Estimates By $0.06 EPS
Lithium Americas  Shares Cross Below 200 Day Moving Average of $4.65
Lithium Americas Shares Cross Below 200 Day Moving Average of $4.65
Cubiex  Trading Down 36.3% This Week
Cubiex Trading Down 36.3% This Week


 
© 2006-2019 Zolmax.