BT Group PLC (NYSE:BT)‘s stock had its “neutral” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Wednesday. They currently have a GBX 395 ($4.81) price target on the stock.

Several other brokerages have also issued reports on BT. Deutsche Bank AG restated a “sell” rating and issued a GBX 410 ($5.00) price objective on shares of BT Group PLC in a report on Friday, June 24th. Barclays PLC reiterated an “overweight” rating and set a GBX 600 ($7.31) price target on shares of BT Group PLC in a research note on Wednesday, June 22nd. Zacks Investment Research upgraded shares of BT Group PLC from a “hold” rating to a “strong-buy” rating and set a $36.00 price target on the stock in a research note on Tuesday, June 21st. Jefferies Group cut their price target on shares of BT Group PLC from GBX 475 ($5.79) to GBX 400 ($4.88) and set a “hold” rating on the stock in a research note on Tuesday, June 21st. Finally, JPMorgan Chase & Co. cut their price target on shares of BT Group PLC from GBX 530 ($6.46) to GBX 490 ($5.97) and set an “overweight” rating on the stock in a research note on Thursday, June 30th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the stock. BT Group PLC presently has an average rating of “Hold” and an average price target of $448.11.

Analyst Recommendations for BT Group PLC (NYSE:BT)

Shares of BT Group PLC (NYSE:BT) opened at 23.85 on Wednesday. BT Group PLC has a 1-year low of $22.49 and a 1-year high of $37.69. The firm has a market capitalization of $47.38 billion, a PE ratio of 12.82 and a beta of 1.14. The company has a 50-day moving average of $25.01 and a 200-day moving average of $28.34.

Several large investors have recently added to or reduced their stakes in the company. MSI Financial Services Inc boosted its stake in BT Group PLC by 15.4% in the third quarter. MSI Financial Services Inc now owns 5,675 shares of the company’s stock valued at $144,000 after buying an additional 756 shares during the period. Capstone Asset Management Co. boosted its stake in BT Group PLC by 1.0% in the third quarter. Capstone Asset Management Co. now owns 152,643 shares of the company’s stock valued at $3,882,000 after buying an additional 1,560 shares during the period. Fox Run Management L.L.C. bought a new stake in BT Group PLC during the third quarter valued at approximately $270,000. Creative Planning boosted its stake in BT Group PLC by 9.8% in the third quarter. Creative Planning now owns 7,292 shares of the company’s stock valued at $185,000 after buying an additional 650 shares during the period. Finally, Founders Financial Securities LLC bought a new stake in BT Group PLC during the third quarter valued at approximately $502,000. Institutional investors and hedge funds own 1.17% of the company’s stock.

BT Group PLC Company Profile

5 Day Chart for NYSE:BT

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