Talktalk Telecom Group (LON:TALK) Earns “Buy” Rating from Deutsche Bank

Deutsche Bank restated their buy rating on shares of Talktalk Telecom Group (LON:TALK) in a research report released on Thursday, ThisIsMoney.Co.Uk reports.

TALK has been the topic of several other reports. Barclays set a €81.00 ($94.19) target price on Fresenius Medical Care AG & Co. KGaA and gave the stock a buy rating in a report on Thursday. Credit Suisse Group set a €50.00 ($58.14) target price on Unilever and gave the stock a neutral rating in a report on Thursday, April 18th. Morgan Stanley set a $70.00 target price on Edison International and gave the stock a hold rating in a report on Monday, July 15th. Numis Securities restated a buy rating and set a GBX 115 ($1.50) target price on shares of Alliance Pharma in a report on Friday, May 24th. Finally, JPMorgan Chase & Co. restated a hold rating and set a $7.00 target price on shares of Deutsche Bank in a report on Thursday, April 25th. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. Talktalk Telecom Group currently has an average rating of Hold and an average price target of GBX 121.60 ($1.59).

TALK stock opened at GBX 106.90 ($1.40) on Thursday. The company has a current ratio of 0.62, a quick ratio of 0.47 and a debt-to-equity ratio of 294.44. 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 has a market cap of $1.23 billion and a PE ratio of 38.18. The business has a 50-day moving average price of GBX 111.62.

The business also recently announced a dividend, which will be paid on Friday, August 2nd. Stockholders of record on Thursday, July 4th will be issued a dividend of GBX 1.50 ($0.02) per share. This is a boost from Talktalk Telecom Group’s previous dividend of $1.00. This represents a dividend yield of 1.3%. The ex-dividend date is Thursday, July 4th. Talktalk Telecom Group’s payout ratio is currently 1.07%.

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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