Talktalk Telecom Group (LON:TALK) Stock Rating Reaffirmed by Barclays

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

TALK has been the subject of a number of other research reports. UBS Group raised to a neutral rating and upped their price objective for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. Morgan Stanley set a $70.00 price objective on Edison International and gave the stock a hold rating in a research note on Monday, July 15th. Deutsche Bank upped their price objective on Spirit Airlines from $75.00 to $79.00 and gave the stock a buy rating in a research note on Friday, July 12th. JPMorgan Chase & Co. reaffirmed a hold rating and issued a $7.00 price objective on shares of Deutsche Bank in a research note on Thursday, April 25th. Finally, Credit Suisse Group set a €50.00 ($58.14) price objective on Unilever and gave the stock a neutral rating in a research note on Thursday, April 18th. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of Hold and a consensus price target of GBX 121.60 ($1.59).

LON TALK opened at GBX 106.90 ($1.40) on Thursday. The company has a market capitalization of $1.23 billion and a price-to-earnings ratio of 38.18. 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 50-day simple moving average of GBX 111.62. Talktalk Telecom Group has a twelve month low of GBX 91.65 ($1.20) and a twelve month high of GBX 140.10 ($1.83).

The company also recently announced a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, July 4th will be given a GBX 1.50 ($0.02) dividend. This is an increase 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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