BT Group PLC (NYSE:BT)‘s stock had its “buy” rating restated by investment analysts at HSBC in a report released on Wednesday. They currently have a GBX 470 ($5.83) target price on the stock.

Other analysts have also issued reports about the stock. 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 report on Thursday, September 15th. Beaufort Securities restated a “buy” rating on shares of BT Group PLC in a research report on Friday, October 28th. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 440 ($5.46) target price on shares of BT Group PLC in a research report on Friday, October 28th. Societe Generale restated a “buy” rating and set a GBX 500 ($6.20) target price on shares of BT Group PLC in a research report on Tuesday, August 9th. Finally, Haitong Bank restated a “buy” rating and set a GBX 560 ($6.95) target price on shares of BT Group PLC in a research report on Thursday, September 15th. Three equities 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 issued a strong buy rating to the company’s stock. BT Group PLC presently has a consensus 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. BT Group PLC has a 52-week low of $21.61 and a 52-week high of $37.09. The stock has a market cap of $44.55 billion, a PE ratio of 12.85 and a beta of 1.15. The stock’s 50 day moving average is $23.05 and its 200 day moving average is $26.44.

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Several large investors have recently made changes to their positions in the stock. Douglass Winthrop Advisors LLC purchased a new stake in shares of BT Group PLC during the second quarter valued at $214,000. Sei Investments Co. increased its stake 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 in the last quarter. NEXT Financial Group Inc increased 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 in the last quarter. MSI Financial Services Inc increased its stake 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 in the last quarter. Finally, Quantbot Technologies LP increased its stake 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 in the last quarter. 1.09% of the stock is currently owned by institutional investors and hedge funds.

BT Group PLC Company Profile

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