BT Group plc’s (BT.A) “Neutral” Rating Reaffirmed at JPMorgan Chase & Co.
Other research analysts have also recently issued reports about the stock. Societe Generale restated a buy rating and issued a GBX 500 ($6.25) price target on shares of BT Group plc in a report on Tuesday, August 9th. HSBC restated a buy rating and issued a GBX 480 ($6.00) price target on shares of BT Group plc in a report on Friday, August 5th. Haitong Bank cut their price target on shares of BT Group plc from GBX 600 ($7.50) to GBX 560 ($7.00) and set a buy rating on the stock in a report on Tuesday, August 2nd. Beaufort Securities reaffirmed a buy rating on shares of BT Group plc in a research note on Friday, July 29th. Finally, Goldman Sachs Group Inc. set a GBX 560 ($7.00) price objective on shares of BT Group plc and gave the stock a buy rating in a research note on Thursday, September 22nd. Five analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 468.83 ($5.86).
The firm also recently disclosed a dividend, which will be paid on Monday, February 6th. Investors of record on Thursday, December 29th will be issued a dividend of GBX 4.85 ($0.06) per share. This represents a yield of 1.28%. The ex-dividend date of this dividend is Thursday, December 29th.
In other news, insider Mike Inglis bought 1,400 shares of the stock in a transaction on Wednesday, November 9th. The shares were bought at an average price of GBX 354 ($4.42) per share, with a total value of £4,956 ($6,191.90).
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BT Group plc Company Profile
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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