BT Group plc (LON:BT.A) had its price target cut by Macquarie from GBX 310 ($3.87) to GBX 300 ($3.75) in a research note published on Wednesday. They currently have an underperform rating on the communications services company’s stock.

Several other equities analysts also recently weighed in on BT.A. Societe Generale reissued a buy rating and issued a GBX 500 ($6.25) price target on shares of BT Group plc in a research note on Tuesday, August 9th. S&P Global Inc. set a GBX 475 ($5.93) price target on shares of BT Group plc and gave the stock a neutral rating in a research note on Thursday, July 28th. BNP Paribas reissued a neutral rating and issued a GBX 395 ($4.94) price target on shares of BT Group plc in a research note on Friday, October 28th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 490 ($6.12) price target on shares of BT Group plc in a research note on Friday, July 29th. Finally, Royal Bank Of Canada reissued an outperform rating and issued a GBX 550 ($6.87) price target on shares of BT Group plc in a research note on Friday, July 29th. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of GBX 468.83 ($5.86).

The company also recently disclosed a dividend, which will be paid on Monday, February 6th. Shareholders of record on Thursday, December 29th will be paid a GBX 4.85 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, December 29th. This represents a yield of 1.28%.

In other news, insider Mike Inglis acquired 1,400 shares of the company’s stock in a transaction on Wednesday, November 9th. The shares were bought at an average cost 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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