Jefferies Group LLC reissued their hold rating on shares of BT Group plc (NYSE:BT) in a research note released on Thursday, May 4th, StockTargetPrices.com reports. Jefferies Group LLC currently has a GBX 325 ($4.20) price objective on the utilities provider’s stock.

Several other equities research analysts also recently weighed in on BT. Haitong Bank reissued a buy rating and issued a GBX 560 ($7.23) target price on shares of BT Group plc in a research report on Thursday, January 5th. Barclays PLC reaffirmed an overweight rating and set a GBX 525 ($6.78) price objective on shares of BT Group plc in a research report on Tuesday, January 10th. Morgan Stanley raised shares of BT Group plc from an equal weight rating to an overweight rating in a research report on Wednesday, January 11th. Zacks Investment Research downgraded shares of BT Group plc from a hold rating to a sell rating in a research report on Tuesday, January 17th. Finally, Citigroup Inc reaffirmed a buy rating and set a GBX 460 ($5.94) price objective on shares of BT Group plc in a research report on Friday, January 20th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. BT Group plc currently has an average rating of Hold and an average target price of $349.47.

BT Group plc (NYSE:BT) traded up 1.23% during mid-day trading on Thursday, hitting $20.51. The stock had a trading volume of 429,320 shares. The stock has a market cap of $40.79 billion, a P/E ratio of 16.74 and a beta of 1.07. BT Group plc has a 52-week low of $19.14 and a 52-week high of $33.50. The firm has a 50-day moving average of $19.95 and a 200-day moving average of $21.31.

BT Group plc (NYSE:BT) last released its earnings results on Wednesday, May 10th. The utilities provider reported $0.52 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.04. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.88 billion. BT Group plc had a net margin of 10.29% and a return on equity of 35.80%. On average, analysts forecast that BT Group plc will post $3.83 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “BT Group plc (BT) Rating Reiterated by Jefferies Group LLC” was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright law. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/05/19/bt-group-plcs-bt-hold-rating-reiterated-at-jefferies-group-llc-updated.html.

Several hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in BT Group plc during the first quarter valued at about $12,554,000. Karp Capital Management Corp purchased a new stake in BT Group plc during the first quarter valued at about $6,762,000. JPMorgan Chase & Co. increased its stake in BT Group plc by 198.6% in the third quarter. JPMorgan Chase & Co. now owns 342,739 shares of the utilities provider’s stock valued at $8,716,000 after buying an additional 227,938 shares in the last quarter. Fiera Capital Corp purchased a new stake in BT Group plc during the fourth quarter valued at about $4,629,000. Finally, Federated Investors Inc. PA purchased a new stake in BT Group plc during the fourth quarter valued at about $2,259,000. 1.10% of the stock is owned by institutional investors and hedge funds.

About BT Group plc

5 Day Chart for NYSE:BT

Stock Target Prices

Receive News & Stock Ratings for BT Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group plc and related stocks with our FREE daily email newsletter.