Talktalk Telecom Group PLC (TALK) Given Consensus Recommendation of “Hold” by Analysts
Talktalk Telecom Group PLC (LON:TALK) has received an average recommendation of “Hold” from the fourteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 122.56 ($1.60).
TALK has been the subject of several recent analyst reports. Deutsche Bank reaffirmed a “buy” rating and set a GBX 173 ($2.26) price objective on shares of Talktalk Telecom Group in a research note on Thursday, November 22nd. UBS Group reaffirmed a “neutral” rating on shares of Talktalk Telecom Group in a research note on Monday, October 8th. Macquarie reaffirmed an “outperform” rating and set a GBX 150 ($1.96) price objective on shares of Talktalk Telecom Group in a research note on Friday, November 9th. Barclays reaffirmed an “overweight” rating on shares of Talktalk Telecom Group in a research note on Thursday, November 22nd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 125 ($1.63) price objective on shares of Talktalk Telecom Group in a research note on Thursday, November 22nd.
In related news, insider Charles W. Dunstone purchased 379,593 shares of the business’s stock in a transaction on Friday, November 23rd. The stock was acquired at an average price of GBX 117 ($1.53) per share, with a total value of £444,123.81 ($580,326.42). Also, insider Charles W. Dunstone purchased 783,902 shares of the business’s stock in a transaction on Thursday, December 13th. The stock was bought at an average cost of GBX 116 ($1.52) per share, with a total value of £909,326.32 ($1,188,195.90). In the last three months, insiders acquired 1,783,902 shares of company stock valued at $206,083,885.
The business also recently declared a dividend, which was paid on Monday, December 24th. Shareholders of record on Thursday, November 29th were paid a GBX 1 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, November 29th. This represents a yield of 0.8%.
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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