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 ($6.83) price target from investment analysts at Goldman Sachs Group Inc. in a note issued to investors on Tuesday. The firm presently has a a “buy” rating on the communications services company’s stock.
BT.A has been the subject of several other research reports. Haitong Bank reissued a “buy” rating and set a GBX 600 ($7.31) price target on shares of BT Group plc in a research report on Tuesday, July 26th. Jefferies Group reissued a “hold” rating and set a GBX 400 ($4.88) price target on shares of BT Group plc in a research report on Monday, July 25th. HSBC reissued a “buy” rating and set a GBX 480 ($5.85) price target on shares of BT Group plc in a research report on Friday, August 5th. S&P Global Inc. set a GBX 475 ($5.79) price target on shares of BT Group plc and gave the company a “neutral” rating in a research report on Thursday, July 28th. Finally, Deutsche Bank AG reissued a “sell” rating and set a GBX 410 ($5.00) price target on shares of BT Group plc in a research report on Friday, June 24th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 473 ($5.76).
In other news, insider Patterson,Gavin sold 66,704 shares of BT Group plc stock in a transaction that occurred on Friday, July 29th. The shares were sold at an average price of GBX 413 ($5.03), for a total transaction of £275,487.52 ($335,755.66). Also, insider Wilcox,Alison sold 40,329 shares of BT Group plc stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of GBX 417 ($5.08), for a total transaction of £168,171.93 ($204,962.74).
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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