Haitong Bank reissued their buy rating on shares of BT Group PLC (NYSE:BT) in a research report sent to investors on Tuesday morning. Haitong Bank currently has a GBX 560 ($7.31) price target on the stock.

BT has been the topic of several other reports. Deutsche Bank AG restated a sell rating and issued a GBX 390 ($5.09) price objective on shares of BT Group PLC in a report on Tuesday, September 13th. TheStreet lowered shares of BT Group PLC from a buy rating to a hold rating in a report on Monday, September 19th. Goldman Sachs Group Inc. restated a conviction-buy rating on shares of BT Group PLC in a report on Monday, September 26th. Zacks Investment Research lowered shares of BT Group PLC from a hold rating to a sell rating in a report on Wednesday, September 21st. Finally, Barclays PLC reaffirmed an overweight rating and issued a GBX 550 ($7.18) target price on shares of BT Group PLC in a research note on Wednesday, August 31st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of $453.39.

Shares of BT Group PLC (NYSE:BT) traded down 0.97% during midday trading on Tuesday, hitting $24.61. 103,941 shares of the company’s stock were exchanged. The firm has a market cap of $48.89 billion, a price-to-earnings ratio of 12.95 and a beta of 1.14. BT Group PLC has a 52 week low of $24.36 and a 52 week high of $37.69. The company has a 50-day moving average of $25.80 and a 200-day moving average of $28.93.

Large investors have recently made changes to their positions in the stock. Creative Planning raised its stake in shares of BT Group PLC by 394.9% in the second quarter. Creative Planning now owns 6,642 shares of the company’s stock valued at $185,000 after buying an additional 5,300 shares during the period. NEXT Financial Group Inc raised its stake in shares of BT Group PLC by 0.9% in the second quarter. NEXT Financial Group Inc now owns 5,375 shares of the company’s stock valued at $149,000 after buying an additional 50 shares during the period. Baxter Bros Inc. bought a new stake in shares of BT Group PLC during the second quarter valued at about $373,000. Fulton Bank N.A. raised its stake in shares of BT Group PLC by 7.2% in the second quarter. Fulton Bank N.A. now owns 13,558 shares of the company’s stock valued at $377,000 after buying an additional 910 shares during the period. Finally, Avalon Advisors LLC bought a new stake in shares of BT Group PLC during the first quarter valued at about $276,000. 1.17% of the stock is currently owned by institutional investors.

BT Group PLC Company Profile

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