Talktalk Telecom Group (LON:TALK) Earns “Sell” Rating from Numis Securities

Numis Securities restated their sell rating on shares of Talktalk Telecom Group (LON:TALK) in a research note published on Monday, April 1st, LSE.Co.UK reports. They currently have a GBX 70 ($0.91) target price on the stock.

Several other equities analysts have also recently commented on TALK. Deutsche Bank restated a buy rating on shares of Talktalk Telecom Group in a report on Thursday, January 24th. UBS Group reaffirmed a neutral rating on shares of Talktalk Telecom Group in a research note on Friday, January 25th. Goldman Sachs Group reduced their price objective on shares of Talktalk Telecom Group from GBX 100 ($1.31) to GBX 90 ($1.18) and set a sell rating for the company in a research note on Monday, February 4th. Royal Bank of Canada reaffirmed a sector perform rating and issued a GBX 125 ($1.63) price objective on shares of Talktalk Telecom Group in a research note on Monday, February 4th. Finally, HSBC lowered shares of Talktalk Telecom Group to a reduce rating and reduced their price objective for the company from GBX 115 ($1.50) to GBX 82 ($1.07) in a research note on Monday, February 11th. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 118.50 ($1.55).

LON TALK traded down GBX 0.40 ($0.01) on Monday, hitting GBX 123.70 ($1.62). 581,196 shares of the stock were exchanged, compared to its average volume of 3,760,000. The company has a debt-to-equity ratio of 332.14, a quick ratio of 0.61 and a current ratio of 0.74. 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). The stock has a market cap of $1.41 billion and a price-to-earnings ratio of 309.25.

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.

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Analyst Recommendations for Talktalk Telecom Group (LON:TALK)

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