BT Group plc (BT.A) Receives Neutral Rating from BNP Paribas
BT Group plc (LON:BT.A)‘s stock had its “neutral” rating restated by research analysts at BNP Paribas in a note issued to investors on Thursday. They presently have a GBX 395 ($5.16) price target on the communications services company’s stock.
A number of other research analysts also recently weighed in on the company. Goldman Sachs Group Inc. set a GBX 560 ($7.31) price target on BT Group plc and gave the company a “buy” rating in a report on Thursday, September 22nd. Deutsche Bank AG reiterated 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 objective on shares of BT Group plc in a research report on Monday, July 25th. Societe Generale set a GBX 500 ($6.53) price objective on BT Group plc and gave the company a “buy” rating in a research report on Thursday, July 21st. Finally, JPMorgan Chase & Co. set a GBX 490 ($6.40) price objective on BT Group plc and gave the company a “buy” rating in a research report on Friday, July 1st. Five research analysts have rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 475.08 ($6.20).
In other news, insider Patterson,Gavin sold 66,704 shares of the company’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of GBX 413 ($5.39), for a total value of £275,487.52 ($359,597.34). Also, insider Wilcox,Alison sold 40,329 shares of the company’s stock in a transaction that occurred on Monday, August 1st. The shares were 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.
Receive News & Stock Ratings for BT Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group plc and related stocks with our FREE daily email newsletter.