BT Group plc’s (BT.A) “Hold” Rating Reaffirmed at Jefferies Group LLC
BT Group plc (LON:BT.A)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group LLC in a report released on Tuesday. They presently have a GBX 280 ($3.78) target price on the communications services company’s stock.
BT.A has been the subject of several other research reports. Macquarie reissued an “outperform” rating and issued a GBX 355 ($4.79) price target on shares of BT Group plc in a research note on Tuesday, September 12th. HSBC Holdings plc set a GBX 360 ($4.85) price target on BT Group plc and gave the stock a “buy” rating in a research note on Thursday, September 7th. Numis Securities Ltd reissued a “buy” rating and issued a GBX 390 ($5.26) price target on shares of BT Group plc in a research note on Monday, August 7th. Citigroup Inc. reissued a “buy” rating and issued a GBX 360 ($4.85) price target on shares of BT Group plc in a research note on Monday, July 31st. Finally, Deutsche Bank AG reissued a “sell” rating and issued a GBX 265 ($3.57) price target on shares of BT Group plc in a research note on Tuesday, July 11th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 353 ($4.76).
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In other BT Group plc news, insider Isabel Hudson acquired 3,367 shares of BT Group plc stock in a transaction that occurred on Friday, August 11th. The stock was purchased at an average cost of GBX 295 ($3.98) per share, with a total value of £9,932.65 ($13,391.74). Also, insider Simon Lowth acquired 10,536 shares of BT Group plc stock in a transaction that occurred on Wednesday, June 21st. The stock was acquired at an average cost of GBX 284 ($3.83) per share, with a total value of £29,922.24 ($40,342.78). Over the last three months, insiders purchased 113,903 shares of company stock valued at $32,185,489.
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