BT Group – CLASS A (BT.A) Earns Hold Rating from Deutsche Bank
Several other research firms also recently weighed in on BT.A. Numis Securities reiterated a buy rating on shares of BT Group – CLASS A in a research report on Monday, July 2nd. Jefferies Financial Group lifted their target price on BT Group – CLASS A from GBX 245 ($3.19) to GBX 250 ($3.26) and gave the company a buy rating in a research report on Tuesday, July 24th. JPMorgan Chase & Co. set a GBX 260 ($3.39) target price on BT Group – CLASS A and gave the company a neutral rating in a research report on Wednesday. Barclays reiterated an equal weight rating on shares of BT Group – CLASS A in a research report on Wednesday, July 11th. Finally, UBS Group reiterated a neutral rating on shares of BT Group – CLASS A in a research report on Wednesday, July 25th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of GBX 273.13 ($3.56).
LON BT.A opened at GBX 228.85 ($2.98) on Thursday. BT Group – CLASS A has a fifty-two week low of GBX 224.20 ($2.92) and a fifty-two week high of GBX 337.05 ($4.39).
BT Group – CLASS A Company Profile
BT Group plc is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well as managed networked information technology (IT) solutions and cyber security protection. Its segments include Consumer, which provides fixed-voice, broadband, TV and mobile services; EE, which is a mobile network operator in the United Kingdom and provides mobile and fixed communications services to consumers; Business and Public Sector, which provides communications and IT services to businesses and the public sector in the United Kingdom and the Republic of Ireland (RoI) ;Global Services, which provides managed networked IT services to corporate customers; Wholesale and Ventures, which provides fixed and mobile services to communications providers (CPs); and Openreach, which provides copper and fiber connections between its exchanges and homes and businesses.
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