BT Group plc’s (BT.A) Neutral Rating Reaffirmed at JPMorgan Chase & Co.
A number of other research analysts have also recently commented on the company. Goldman Sachs Group Inc. set a GBX 560 ($7.31) target price on BT Group plc and gave the company a buy rating in a research note on Wednesday, September 28th. Haitong Bank restated a buy rating and issued a GBX 560 ($7.31) target price on shares of BT Group plc in a research note on Tuesday, September 27th. Deutsche Bank AG restated a sell rating and issued a GBX 370 ($4.83) target price on shares of BT Group plc in a research note on Tuesday, September 20th. BNP Paribas lowered their target price on BT Group plc from GBX 395 ($5.16) to GBX 385 ($5.03) and set a neutral rating for the company in a research note on Thursday, September 15th. Finally, Barclays PLC reiterated an overweight rating and set a GBX 550 ($7.18) price objective on shares of BT Group plc in a research note on Wednesday, August 31st. Five investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 474.67 ($6.20).
In related news, insider Patterson,Gavin acquired 331 shares of BT Group plc stock in a transaction on Friday, August 12th. The shares were bought at an average cost of GBX 399 ($5.21) per share, with a total value of £1,320.69 ($1,723.91). Also, insider Wilcox,Alison sold 40,329 shares of the business’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 value of £168,171.93 ($219,516.94).
About BT Group plc
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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