BT Group PLC (NYSE:BT)‘s stock had its “sell” rating reaffirmed by equities research analysts at Deutsche Bank AG in a research note issued to investors on Tuesday, July 11th, StockTargetPrices.com reports. They currently have a GBX 265 ($3.50) target price on the utilities provider’s stock.

Several other research firms also recently weighed in on BT. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 330 ($4.35) price objective on shares of BT Group PLC in a report on Monday, March 13th. HSBC Holdings plc reissued a “buy” rating and set a GBX 425 ($5.61) price objective on shares of BT Group PLC in a report on Monday, March 13th. Barclays PLC reissued an “overweight” rating and set a GBX 475 ($6.27) price objective on shares of BT Group PLC in a report on Monday, March 13th. Goldman Sachs Group Inc cut their price objective on BT Group PLC from GBX 350 ($4.62) to GBX 340 ($4.48) and set a “neutral” rating on the stock in a report on Wednesday, May 24th. Finally, BNP Paribas downgraded BT Group PLC from a “neutral” rating to an “underperform” rating in a report on Thursday, May 25th. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $339.33.

Shares of BT Group PLC (NYSE:BT) opened at 20.91 on Tuesday. BT Group PLC has a 52-week low of $18.06 and a 52-week high of $27.06. The company has a market cap of $41.56 billion, a P/E ratio of 20.11 and a beta of 1.05. The stock’s 50 day moving average price is $19.44 and its 200-day moving average price is $20.01.

BT Group PLC (NYSE:BT) last released its quarterly earnings data on Wednesday, May 10th. The utilities provider reported $0.52 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.04. BT Group PLC had a return on equity of 40.09% and a net margin of 7.14%. The company had revenue of $7.58 billion for the quarter, compared to the consensus estimate of $7.88 billion. Equities analysts expect that BT Group PLC will post $1.84 EPS for the current year.

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A number of hedge funds have recently modified their holdings of BT. FMR LLC raised its stake in shares of BT Group PLC by 15.9% in the fourth quarter. FMR LLC now owns 399,758 shares of the utilities provider’s stock worth $9,206,000 after buying an additional 54,830 shares during the last quarter. Guggenheim Capital LLC purchased a new stake in shares of BT Group PLC during the fourth quarter worth approximately $393,000. Quadrant Capital Group LLC raised its stake in shares of BT Group PLC by 512.6% in the first quarter. Quadrant Capital Group LLC now owns 7,474 shares of the utilities provider’s stock worth $145,000 after buying an additional 6,254 shares during the last quarter. Bank of Montreal Can raised its stake in shares of BT Group PLC by 252.2% in the first quarter. Bank of Montreal Can now owns 46,862 shares of the utilities provider’s stock worth $941,000 after buying an additional 33,555 shares during the last quarter. Finally, Capstone Asset Management Co. raised its stake in shares of BT Group PLC by 6.8% in the first quarter. Capstone Asset Management Co. now owns 163,993 shares of the utilities provider’s stock worth $3,295,000 after buying an additional 10,420 shares in the last quarter. 1.04% of the stock is owned by institutional investors and hedge funds.

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