BNP Paribas reiterated their neutral rating on shares of BT Group PLC (NYSE:BT) in a research report released on Tuesday morning. They currently have a GBX 395 ($4.90) target price on the stock.

Other analysts also recently issued research reports about the company. Societe Generale reissued a buy rating and set a GBX 500 ($6.20) target price on shares of BT Group PLC in a research note on Tuesday, August 9th. HSBC restated a buy rating and set a GBX 480 ($5.95) price target on shares of BT Group PLC in a report on Friday, August 5th. Haitong Bank cut their price target on BT Group PLC from GBX 600 ($7.44) to GBX 560 ($6.95) and set a buy rating for the company in a report on Tuesday, August 2nd. Goldman Sachs Group Inc. restated a buy rating on shares of BT Group PLC in a report on Tuesday, October 18th. Finally, Citigroup Inc. restated a buy rating and set a GBX 460 ($5.71) price target on shares of BT Group PLC in a report on Wednesday, October 19th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $437.41.

Analyst Recommendations for BT Group PLC (NYSE:BT)

Shares of BT Group PLC (NYSE:BT) opened at 22.43 on Tuesday. The company has a market cap of $44.55 billion, a P/E ratio of 12.85 and a beta of 1.15. BT Group PLC has a 12 month low of $21.61 and a 12 month high of $37.20. The firm has a 50-day moving average price of $23.06 and a 200 day moving average price of $26.48.

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Hedge funds and other institutional investors have recently made changes to their positions in the company. Sei Investments Co. increased its position in shares of BT Group PLC by 33.1% in the second quarter. Sei Investments Co. now owns 4,131 shares of the company’s stock valued at $115,000 after buying an additional 1,027 shares during the period. MSI Financial Services Inc increased its position in shares of 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 period. Quantbot Technologies LP increased its position in shares of BT Group PLC by 199.9% in the third quarter. Quantbot Technologies LP now owns 5,729 shares of the company’s stock valued at $145,000 after buying an additional 3,819 shares during the period. NEXT Financial Group Inc increased its position in shares of BT Group PLC by 0.9% in the second quarter. NEXT Financial Group Inc now owns 5,375 shares of the company’s stock valued at $149,000 after buying an additional 50 shares during the period. Finally, Riverhead Capital Management LLC increased its position in shares of BT Group PLC by 624.8% in the third quarter. Riverhead Capital Management LLC now owns 5,900 shares of the company’s stock valued at $150,000 after buying an additional 5,086 shares during the period. Hedge funds and other institutional investors own 1.09% of the company’s stock.

About BT Group PLC

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