BT Group plc (BT.A) Given Sell Rating at Deutsche Bank AG
BT Group plc (LON:BT.A)‘s stock had its “sell” rating reiterated by stock analysts at Deutsche Bank AG in a note issued to investors on Monday.
BT.A has been the topic of a number of other reports. BNP Paribas lowered their target price on BT Group plc from GBX 395 ($4.94) to GBX 385 ($4.81) and set a “neutral” rating on the stock in a research note on Thursday, September 15th. Haitong Bank reiterated a “buy” rating and set a GBX 560 ($7.00) target price on shares of BT Group plc in a research note on Friday, September 2nd. JPMorgan Chase & Co. cut BT Group plc to a “neutral” rating and lowered their target price for the stock from GBX 490 ($6.12) to GBX 440 ($5.50) in a research note on Friday, September 2nd. Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of BT Group plc in a research note on Friday, September 2nd. Finally, Barclays PLC reiterated an “overweight” rating and set a GBX 550 ($6.87) target price on shares of BT Group plc in a research note on Wednesday, August 31st. Five equities 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 issued a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 468.83 ($5.86).
The firm also recently announced 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. The ex-dividend date is Thursday, December 29th. This represents a dividend yield of 1.28%.
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In other BT Group plc news, insider Mike Inglis bought 1,400 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. The stock was bought at an average price of GBX 354 ($4.42) per share, for a total transaction of £4,956 ($6,191.90).
About BT Group plc
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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