BT Group plc (LON:BT.A) Earns “Sell” Rating from Deutsche Bank AG
Deutsche Bank AG reissued their sell rating on shares of BT Group plc (LON:BT.A) in a report published on Tuesday, July 11th. They currently have a GBX 265 ($3.50) price objective on the communications services company’s stock.
Several other equities analysts have also issued reports on the company. Barclays PLC reissued an overweight rating and issued a GBX 475 ($6.27) price target on shares of BT Group plc in a research note on Monday, March 13th. Morgan Stanley set a GBX 400 ($5.28) price target on BT Group plc and gave the company a buy rating in a research note on Tuesday, March 21st. Citigroup Inc. reissued a buy rating on shares of BT Group plc in a research note on Monday, May 15th. HSBC Holdings plc reissued a buy rating and issued a GBX 425 ($5.61) price target on shares of BT Group plc in a research note on Monday, March 13th. Finally, Goldman Sachs Group Inc set a GBX 360 ($4.75) price target on BT Group plc and gave the company a neutral rating in a research note on Tuesday, March 28th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 352.75 ($4.65).
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In other BT Group plc news, insider Sean Williams sold 18,945 shares of the company’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of GBX 313 ($4.13), for a total value of £59,297.85 ($78,219.03). Also, insider Tony Ball acquired 100,000 shares of BT Group plc stock in a transaction on Thursday, June 22nd. The stock was acquired at an average price of GBX 282 ($3.72) per share, with a total value of £282,000 ($371,982.59). Insiders purchased a total of 127,529 shares of company stock valued at $36,390,303 over the last three months.
BT Group plc Company Profile
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