Goldman Sachs Group, Inc. (The) reiterated their neutral rating on shares of BT Group PLC (NYSE:BT) in a research report sent to investors on Monday, StockTargetPrices.com reports. They currently have a GBX 340 ($4.58) price objective on the utilities provider’s stock.

Other equities analysts also recently issued reports about the stock. J P Morgan Chase & Co restated a neutral rating and issued a GBX 290 ($3.91) price target on shares of BT Group PLC in a research note on Wednesday, July 12th. Numis Securities Ltd assumed coverage on shares of BT Group PLC in a research note on Thursday, July 13th. They issued a buy rating and a GBX 390 ($5.26) price target on the stock. Zacks Investment Research upgraded shares of BT Group PLC from a sell rating to a hold rating in a research note on Wednesday, August 16th. Exane BNP Paribas downgraded shares of BT Group PLC from a neutral rating to an underperform rating in a research note on Thursday, May 25th. Finally, Deutsche Bank AG restated a sell rating and issued a GBX 265 ($3.57) price target on shares of BT Group PLC in a research note on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $340.06.

Shares of BT Group PLC (BT) opened at 19.56 on Monday. BT Group PLC has a 12 month low of $18.06 and a 12 month high of $26.35. The firm has a market capitalization of $38.88 billion, a price-to-earnings ratio of 18.81 and a beta of 1.06. The stock’s 50 day moving average is $19.44 and its 200 day moving average is $19.76.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Stephens Inc. AR raised its holdings in BT Group PLC by 3.2% in the 2nd quarter. Stephens Inc. AR now owns 11,204 shares of the utilities provider’s stock valued at $217,000 after buying an additional 343 shares during the last quarter. Creative Planning raised its holdings in BT Group PLC by 5.9% in the 2nd quarter. Creative Planning now owns 6,750 shares of the utilities provider’s stock valued at $131,000 after buying an additional 377 shares during the last quarter. Boston Common Asset Management LLC raised its holdings in BT Group PLC by 2.8% in the 1st quarter. Boston Common Asset Management LLC now owns 31,062 shares of the utilities provider’s stock valued at $624,000 after buying an additional 845 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in BT Group PLC by 7.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 16,935 shares of the utilities provider’s stock valued at $329,000 after buying an additional 1,204 shares during the last quarter. Finally, Comerica Bank raised its holdings in BT Group PLC by 1.1% in the 1st quarter. Comerica Bank now owns 115,951 shares of the utilities provider’s stock valued at $2,325,000 after buying an additional 1,317 shares during the last quarter. Institutional investors and hedge funds own 0.99% of the company’s stock.

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