Deutsche Bank AG reiterated their sell rating on shares of BT Group PLC (NYSE:BT) in a research report sent to investors on Thursday morning, StockTargetPrices.com reports. They currently have a GBX 265 ($3.42) target price on the utilities provider’s stock.

Other equities analysts also recently issued reports about the company. Zacks Investment Research upgraded BT Group PLC from a hold rating to a buy rating and set a $21.00 price target on the stock in a research note on Monday, August 28th. BidaskClub upgraded BT Group PLC from a strong sell rating to a sell rating in a research note on Tuesday, June 27th. Citigroup Inc. restated a buy rating on shares of BT Group PLC in a research note on Monday, May 29th. J P Morgan Chase & Co restated a neutral rating and issued a GBX 330 ($4.26) price target on shares of BT Group PLC in a research note on Thursday, June 8th. Finally, Bank of America Corporation downgraded BT Group PLC from a buy rating to a neutral rating in a research note on Monday, June 19th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company’s stock. BT Group PLC currently has an average rating of Hold and a consensus price target of $340.06.

Shares of BT Group PLC (NYSE:BT) opened at 19.48 on Thursday. The company has a market capitalization of $38.72 billion, a price-to-earnings ratio of 18.82 and a beta of 1.06. BT Group PLC has a 52 week low of $18.06 and a 52 week high of $26.35. The firm has a 50 day moving average price of $19.51 and a 200 day moving average price of $19.78.

ILLEGAL ACTIVITY WARNING: “BT Group PLC’s (BT) Sell Rating Reiterated at Deutsche Bank AG” was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another site, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.thecerbatgem.com/2017/09/17/bt-group-plcs-bt-sell-rating-reiterated-at-deutsche-bank-ag.html.

A number of large investors have recently bought and sold shares of the business. Russell Investments Group Ltd. bought a new stake in shares of BT Group PLC in the second quarter worth about $129,000. Creative Planning increased its holdings in shares of BT Group PLC by 5.9% in the second quarter. Creative Planning now owns 6,750 shares of the utilities provider’s stock worth $131,000 after purchasing an additional 377 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of BT Group PLC in the first quarter worth about $205,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of BT Group PLC in the first quarter worth about $211,000. Finally, Stephens Inc. AR bought a new stake in shares of BT Group PLC in the first quarter worth about $218,000. 0.99% of the stock is currently owned by institutional investors and hedge funds.

About BT Group PLC

Stock Target Prices

Analyst Recommendations for BT Group PLC (NYSE:BT)

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.