Deutsche Bank Reiterates “Buy” Rating for Talktalk Telecom Group (LON:TALK)

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Talktalk Telecom Group (LON:TALK)‘s stock had its “buy” rating reaffirmed by equities researchers at Deutsche Bank in a note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently commented on TALK. Barclays lowered their target price on Realogy from $9.00 to $5.00 and set an “underweight” rating for the company in a research note on Thursday. UBS Group upgraded to a “neutral” rating and raised their target price for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. 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. Finally, Credit Suisse Group set a €50.00 ($58.14) target price on Unilever and gave the company a “neutral” rating in a research note on Thursday, April 18th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. Talktalk Telecom Group currently has an average rating of “Hold” and a consensus price target of GBX 121.60 ($1.59).

TALK opened at GBX 108.20 ($1.41) on Friday. The stock has a market cap of $1.24 billion and a PE ratio of 38.64. The company has a current ratio of 0.62, a quick ratio of 0.47 and a debt-to-equity ratio of 294.44. The company has a 50 day moving average price of GBX 113. Talktalk Telecom Group has a 52 week low of GBX 91.65 ($1.20) and a 52 week high of GBX 140.10 ($1.83).

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.

Read More: What does a hold rating mean?

Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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