Goldman Sachs Group Inc. restated their buy rating on shares of BT Group PLC (NYSE:BT) in a report issued on Tuesday.

A number of other equities research analysts have also recently weighed in on BT. Jefferies Group cut their price objective 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. Zacks Investment Research upgraded shares of BT Group PLC from a hold rating to a strong-buy rating and set a $36.00 price objective on the stock in a research note on Tuesday, June 21st. Barclays PLC reiterated an overweight rating and issued a GBX 600 ($7.31) price target on shares of BT Group PLC in a research report on Wednesday, June 22nd. Deutsche Bank AG reiterated a sell rating and issued a GBX 410 ($5.00) price target on shares of BT Group PLC in a research report on Friday, June 24th. Finally, Credit Suisse Group AG cut shares of BT Group PLC from an outperform rating to a neutral rating and dropped their price target for the stock from GBX 510 ($6.22) to GBX 400 ($4.88) in a research report on Monday, June 27th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the stock. BT Group PLC presently has a consensus rating of Hold and a consensus target price of $448.11.

Analyst Recommendations for BT Group PLC (NYSE:BT)

BT Group PLC (NYSE:BT) traded down 0.92% during midday trading on Tuesday, hitting $23.63. 51,526 shares of the company’s stock traded hands. BT Group PLC has a 52 week low of $22.49 and a 52 week high of $37.69. The company has a 50 day moving average of $25.01 and a 200-day moving average of $28.34. The company has a market capitalization of $46.94 billion, a PE ratio of 12.70 and a beta of 1.14.

Institutional investors have recently bought and sold shares of the stock. MSI Financial Services Inc raised its position 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 last quarter. Capstone Asset Management Co. raised its position 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 last quarter. Fox Run Management L.L.C. bought a new position in BT Group PLC during the third quarter valued at $270,000. Creative Planning raised its position 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 last quarter. Finally, Founders Financial Securities LLC bought a new position in BT Group PLC during the third quarter valued at $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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