Today: Today, Talktalk Telecom Group PLC (TALK) Rating Reiterate by Macquarie

Today, Talktalk Telecom Group PLC (TALK) Rating Reiterate by Macquarie

Talktalk Telecom Group PLC (LON:TALK)‘s stock had its “outperform” rating reissued by equities researchers at Macquarie in a report released on Wednesday. They currently have a GBX 290 ($3.62) price objective on the stock. Macquarie’s price objective would indicate a potential upside of 86.62% from the stock’s previous close.

Other research analysts have also issued reports about the stock. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 260 ($3.25) price objective on shares of Talktalk Telecom Group PLC in a research note on Wednesday, August 10th. Haitong Bank reiterated a “sell” rating and issued a GBX 150 ($1.87) target price on shares of Talktalk Telecom Group PLC in a report on Tuesday, July 26th. Barclays PLC reiterated an “overweight” rating and issued a GBX 350 ($4.37) target price on shares of Talktalk Telecom Group PLC in a report on Tuesday, October 4th. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 300 ($3.75) target price on shares of Talktalk Telecom Group PLC in a report on Monday, November 14th. Finally, Jefferies Group reiterated an “underperform” rating and issued a GBX 140 ($1.75) target price on shares of Talktalk Telecom Group PLC in a report on Wednesday, October 26th. Five analysts have rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of GBX 229.63 ($2.87).

Shares of Talktalk Telecom Group PLC (LON:TALK) opened at 153.10 on Wednesday. The firm has a 50-day moving average of GBX 200.21 and a 200-day moving average of GBX 216.26. The company’s market cap is GBX 1.45 billion. Talktalk Telecom Group PLC has a 12-month low of GBX 152.70 and a 12-month high of GBX 280.18.

The business also recently announced a dividend, which will be paid on Friday, December 16th. Shareholders of record on Thursday, November 24th will be given a dividend of GBX 5.29 ($0.07) per share. The ex-dividend date of this dividend is Thursday, November 24th. This represents a yield of 2.78%.

In other Talktalk Telecom Group PLC news, insider Tristia Harrison sold 116,152 shares of the business’s stock in a transaction that occurred on Tuesday, November 15th. The shares were sold at an average price of GBX 190 ($2.37), for a total value of £220,688.80 ($275,723.14).

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