Barclays Reaffirms “Overweight” Rating for Talktalk Telecom Group (LON:TALK)

Barclays reissued their overweight rating on shares of Talktalk Telecom Group (LON:TALK) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports.

A number of other equities analysts have also issued reports on the company. JPMorgan Chase & Co. restated a hold rating and issued a $7.00 target price on shares of Deutsche Bank in a research note on Thursday, April 25th. Numis Securities restated a buy rating and issued a GBX 115 ($1.50) target price on shares of Alliance Pharma in a research note on Friday, May 24th. Credit Suisse Group set a €50.00 ($58.14) target price on Unilever and gave the stock a neutral rating in a research note on Thursday, April 18th. UBS Group upgraded to a neutral rating and raised their target price for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. Finally, Deutsche Bank raised their target price on Macy’s from $27.00 to $28.00 and gave the stock a hold rating in a research note on Thursday, May 16th. Four analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. Talktalk Telecom Group has an average rating of Hold and a consensus price target of GBX 121.60 ($1.59).

Shares of TALK opened at GBX 108.20 ($1.41) on Thursday. Talktalk Telecom Group has a 12 month low of GBX 91.65 ($1.20) and a 12 month high of GBX 140.10 ($1.83). The firm’s fifty day simple moving average is GBX 113. The company has a debt-to-equity ratio of 294.44, a quick ratio of 0.47 and a current ratio of 0.62. The stock has a market cap of $1.24 billion and a price-to-earnings ratio of 38.64.

The company also recently announced a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, July 4th will be paid a GBX 1.50 ($0.02) dividend. This is a positive change from Talktalk Telecom Group’s previous dividend of $1.00. The ex-dividend date of this dividend is Thursday, July 4th. This represents a yield of 1.3%. Talktalk Telecom Group’s dividend payout ratio (DPR) is 1.07%.

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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Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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