Numis Securities Reaffirms Buy Rating for BT Group (BT.A)
Numis Securities reissued their buy rating on shares of BT Group (LON:BT.A) in a report published on Thursday. The brokerage currently has a GBX 400 ($5.42) price target on the communications services company’s stock.
BT.A has been the subject of a number of other reports. Credit Suisse Group downgraded shares of BT Group to a neutral rating and cut their price target for the company from GBX 360 ($4.88) to GBX 310 ($4.20) in a report on Monday, October 9th. Royal Bank of Canada reissued an outperform rating and issued a GBX 410 ($5.56) price target on shares of BT Group in a report on Wednesday, December 6th. Macquarie reissued an outperform rating on shares of BT Group in a report on Wednesday, January 3rd. Jefferies Group cut their price target on shares of BT Group from GBX 280 ($3.80) to GBX 265 ($3.59) and set a hold rating for the company in a report on Wednesday, October 25th. Finally, Barclays set a GBX 420 ($5.70) price target on shares of BT Group and gave the company a buy rating in a report on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 330.16 ($4.48).
Shares of BT Group (LON BT.A) traded up GBX 4.05 ($0.05) during midday trading on Thursday, reaching GBX 274.90 ($3.73). 24,020,000 shares of the company’s stock were exchanged, compared to its average volume of 17,290,000. BT Group has a 52 week low of GBX 242.20 ($3.28) and a 52 week high of GBX 398.79 ($5.41). The firm has a market cap of $27,260.00 and a P/E ratio of 1,718.13.
TRADEMARK VIOLATION NOTICE: “Numis Securities Reaffirms Buy Rating for BT Group (BT.A)” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this news story on another website, it was copied illegally and reposted in violation of United States and international trademark & copyright law. The original version of this news story can be read at https://www.thecerbatgem.com/2018/01/13/numis-securities-reaffirms-buy-rating-for-bt-group-bt-a.html.
BT Group Company Profile
Receive News & Ratings for BT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group and related companies with MarketBeat.com's FREE daily email newsletter.