Talktalk Telecom Group (TALK) Given Buy Rating at Deutsche Bank

Talktalk Telecom Group (LON:TALK)‘s stock had its “buy” rating reiterated by Deutsche Bank in a report released on Monday, March 26th.

A number of other analysts have also recently issued reports on TALK. JPMorgan Chase lowered their target price on Talktalk Telecom Group from GBX 150 ($2.15) to GBX 120 ($1.72) and set an “underweight” rating for the company in a research note on Thursday, November 30th. Numis Securities lowered their target price on Talktalk Telecom Group from GBX 150 ($2.15) to GBX 120 ($1.72) and set a “reduce” rating for the company in a research note on Thursday, November 30th. Jefferies Group lowered their target price on Talktalk Telecom Group from GBX 125 ($1.79) to GBX 95 ($1.36) and set an “underperform” rating for the company in a research note on Monday, December 11th. Royal Bank of Canada reissued a “sector performer” rating on shares of Talktalk Telecom Group in a research note on Tuesday, January 16th. Finally, Barclays reissued an “equal weight” rating and set a GBX 170 ($2.43) target price on shares of Talktalk Telecom Group in a research note on Friday, January 19th. Eight analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. Talktalk Telecom Group currently has an average rating of “Hold” and an average target price of GBX 134.33 ($1.92).

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LON TALK traded up GBX 4.60 ($0.07) during trading hours on Monday, reaching GBX 121.80 ($1.74). 1,645,731 shares of the company’s stock were exchanged, compared to its average volume of 3,760,000. Talktalk Telecom Group has a one year low of GBX 88.60 ($1.27) and a one year high of GBX 220 ($3.15).

In other Talktalk Telecom Group news, insider Charles W. Dunstone purchased 32,710,280 shares of the firm’s stock in a transaction dated Thursday, February 8th. The stock was bought at an average cost of GBX 107 ($1.53) per share, with a total value of £34,999,999.60 ($50,114,546.96).

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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.

Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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