BT Group PLC (NYSE:BT) has been assigned an average recommendation of “Hold” from the nineteen brokerages that are presently covering the stock. Three analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $465.40.

Several brokerages have recently issued reports on BT. Haitong Bank decreased their target price 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 research report on Tuesday, August 2nd. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 440 ($5.50) target price on shares of BT Group PLC in a research report on Friday, October 28th. Goldman Sachs Group Inc. reiterated a “buy” rating on shares of BT Group PLC in a report on Tuesday, October 18th. Macquarie downgraded shares of BT Group PLC from a “neutral” rating to an “underperform” rating and cut their price target for the company from $360.00 to $310.00 in a report on Friday, October 7th. Finally, Barclays PLC reiterated an “overweight” rating on shares of BT Group PLC in a report on Tuesday, August 23rd.

BT Group PLC (NYSE:BT) opened at 22.74 on Tuesday. The stock has a market capitalization of $45.17 billion, a price-to-earnings ratio of 12.92 and a beta of 1.15. The stock’s 50 day moving average is $23.16 and its 200 day moving average is $26.69. BT Group PLC has a 12-month low of $21.61 and a 12-month high of $37.63.

Large investors have recently bought and sold shares of the stock. NEXT Financial Group Inc boosted its position in BT Group PLC by 0.9% in the second quarter. NEXT Financial Group Inc now owns 5,375 shares of the company’s stock worth $149,000 after buying an additional 50 shares in the last quarter. SG Americas Securities LLC boosted its position in BT Group PLC by 0.4% in the third quarter. SG Americas Securities LLC now owns 28,666 shares of the company’s stock worth $729,000 after buying an additional 108 shares in the last quarter. Dorsey & Whitney Trust CO LLC boosted its position in BT Group PLC by 2.7% in the second quarter. Dorsey & Whitney Trust CO LLC now owns 10,568 shares of the company’s stock worth $293,000 after buying an additional 279 shares in the last quarter. First Allied Advisory Services Inc. boosted its position in BT Group PLC by 6.2% in the second quarter. First Allied Advisory Services Inc. now owns 8,074 shares of the company’s stock worth $225,000 after buying an additional 474 shares in the last quarter. Finally, Creative Planning boosted 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 worth $185,000 after buying an additional 650 shares in the last quarter. 1.14% of the stock is owned by institutional investors.

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