Talktalk Telecom Group PLC (LON:TALK) declared a dividend on Thursday, May 24th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 5th will be given a dividend of GBX 1.50 ($0.02) per share on Friday, August 3rd. This represents a dividend yield of 1.24%. The ex-dividend date of this dividend is Thursday, July 5th. The official announcement can be viewed at this link.
Talktalk Telecom Group stock opened at GBX 105 ($1.40) on Friday. Talktalk Telecom Group has a 52 week low of GBX 88.60 ($1.18) and a 52 week high of GBX 220 ($2.93).
A number of research firms have recently commented on TALK. Numis Securities upgraded Talktalk Telecom Group to a “sell” rating and set a GBX 85 ($1.13) price objective on the stock in a research note on Tuesday, May 22nd. Deutsche Bank reiterated a “buy” rating on shares of Talktalk Telecom Group in a research note on Monday, March 26th. JPMorgan Chase & Co. dropped their price objective on Talktalk Telecom Group from GBX 120 ($1.60) to GBX 100 ($1.33) and set an “underweight” rating on the stock in a research note on Friday, March 16th. Barclays dropped their price objective on Talktalk Telecom Group from GBX 170 ($2.26) to GBX 130 ($1.73) and set an “equal weight” rating on the stock in a research note on Monday, June 4th. Finally, Bank of America raised Talktalk Telecom Group to a “buy” rating in a research report on Wednesday, June 13th. Seven investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 118.46 ($1.58).
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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