BT Group PLC (NYSE:BT)‘s stock had its “sell” rating reiterated by analysts at Deutsche Bank AG in a note issued to investors on Wednesday.

A number of other research firms have also recently issued reports on BT. HSBC reiterated a “buy” rating and issued a GBX 470 ($5.83) target price on shares of BT Group PLC in a research note on Wednesday. BNP Paribas cut their target price on shares of BT Group PLC from GBX 395 ($4.90) to GBX 385 ($4.78) and set a “neutral” rating for the company in a research note on Thursday, September 15th. Beaufort Securities reiterated a “buy” rating on shares of BT Group PLC in a research note on Friday, October 28th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 440 ($5.46) target price on shares of BT Group PLC in a research note on Friday, October 28th. Finally, Societe Generale reissued a “buy” rating and issued a GBX 500 ($6.20) price target on shares of BT Group PLC in a report on Tuesday, August 9th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. BT Group PLC has an average rating of “Hold” and a consensus target price of $437.41.

Analyst Recommendations for BT Group PLC (NYSE:BT)

Shares of BT Group PLC (NYSE:BT) opened at 22.43 on Wednesday. The stock’s 50 day moving average price is $23.05 and its 200-day moving average price is $26.44. The firm 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 $37.09.

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Large investors have recently bought and sold shares of the stock. NEXT Financial Group Inc boosted its stake 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. SG Americas Securities LLC boosted its stake in shares of BT Group PLC by 0.4% in the third quarter. SG Americas Securities LLC now owns 28,666 shares of the company’s stock valued at $729,000 after buying an additional 108 shares during the period. Dorsey & Whitney Trust CO LLC boosted its stake in shares of 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 valued at $293,000 after buying an additional 279 shares during the period. First Allied Advisory Services Inc. boosted its stake in shares of 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 valued at $225,000 after buying an additional 474 shares during the period. Finally, Creative Planning boosted its stake in shares of BT Group PLC by 9.8% in the third quarter. Creative Planning now owns 7,292 shares of the company’s stock valued at $185,000 after buying an additional 650 shares during the period. 1.09% of the stock is currently owned by institutional investors and hedge funds.

About BT Group PLC

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