Deutsche Bank Reiterates “Buy” Rating for Talktalk Telecom Group (LON:TALK)

Talktalk Telecom Group (LON:TALK)‘s stock had its “buy” rating reiterated by Deutsche Bank in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.

A number of other equities analysts also recently weighed in on the company. Barclays restated an “overweight” rating and issued a GBX 150 ($1.96) target price on shares of Talktalk Telecom Group in a research note on Wednesday, November 20th. Macquarie raised Talktalk Telecom Group to an “outperform” rating in a research report on Friday, October 18th. HSBC lifted their price target on Talktalk Telecom Group from GBX 82 ($1.07) to GBX 95 ($1.24) and gave the stock a “reduce” rating in a report on Wednesday, November 27th. Finally, UBS Group reissued a “neutral” rating on shares of Talktalk Telecom Group in a research report on Monday, November 18th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 116.38 ($1.52).

Talktalk Telecom Group stock opened at GBX 105.30 ($1.38) on Thursday. Talktalk Telecom Group has a 52 week low of GBX 91.65 ($1.20) and a 52 week high of GBX 128.50 ($1.68). The company’s 50 day moving average price is GBX 108.47 and its two-hundred day moving average price is GBX 108.75. The company has a quick ratio of 0.37, a current ratio of 0.53 and a debt-to-equity ratio of 400.38. The stock has a market cap of $1.21 billion and a P/E ratio of 33.97.

In other news, insider Charles W. Dunstone bought 3,000,000 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was acquired at an average cost of GBX 105 ($1.37) per share, with a total value of £3,150,000 ($4,116,032.93). Also, insider Charles W. Dunstone bought 1,000,000 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was purchased at an average cost of GBX 105 ($1.37) per share, with a total value of £1,050,000 ($1,372,010.98).

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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