BT Group plc (BT.A) Given a GBX 560 Price Target by Goldman Sachs Group Inc. Analysts
BT Group plc (LON:BT.A) received a GBX 560 ($7.31) target price from investment analysts at Goldman Sachs Group Inc. in a research report issued on Wednesday. The brokerage presently has a a “buy” rating on the communications services company’s stock.
Several other equities analysts also recently issued reports on the stock. Deutsche Bank AG reissued a “sell” rating and set a GBX 390 ($5.09) price target on shares of BT Group plc in a report on Tuesday, September 13th. Jefferies Group reissued a “hold” rating and set a GBX 400 ($5.22) price target on shares of BT Group plc in a report on Monday, July 25th. Societe Generale set a GBX 500 ($6.53) price target on shares of BT Group plc and gave the company a “buy” rating in a report on Thursday, July 21st. JPMorgan Chase & Co. set a GBX 490 ($6.40) price objective on shares of BT Group plc and gave the company a “buy” rating in a research note on Friday, July 1st. Finally, Citigroup Inc. set a GBX 440 ($5.74) price objective on shares of BT Group plc and gave the company a “buy” rating in a research note on Monday, June 27th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 474.67 ($6.20).
In other news, insider Wilcox,Alison sold 40,329 shares of the company’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of GBX 417 ($5.44), for a total transaction of £168,171.93 ($219,516.94). Also, insider Patterson,Gavin purchased 331 shares of the business’s stock in a transaction dated Friday, August 12th. The shares were acquired at an average price of GBX 399 ($5.21) per share, with a total value of £1,320.69 ($1,723.91).
BT Group plc Company Profile
BT Group plc is a communications services company. The Company’s activities are the provision of fixed-line services, broadband, mobile and television products and services, as well as managed networked information technology (IT) services in both the United Kingdom and across the globe. The Company operates in five segments: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach.
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