A number of other research analysts have also weighed in on the stock. Goldman Sachs Group Inc. set a GBX 560 ($7.31) target price on shares of BT Group plc and gave the stock a buy rating in a research note on Wednesday, September 28th. Haitong Bank reissued a buy rating and issued a GBX 560 ($7.31) target price on shares of BT Group plc in a research note on Tuesday, September 27th. Deutsche Bank AG reissued a sell rating and issued a GBX 370 ($4.83) target price on shares of BT Group plc in a research note on Tuesday, September 20th. BNP Paribas decreased their target price on shares of BT Group plc from GBX 395 ($5.16) to GBX 385 ($5.03) and set a neutral rating on the stock in a research note on Thursday, September 15th. Finally, Barclays PLC reissued an overweight rating and issued a GBX 550 ($7.18) target price on shares of BT Group plc in a research note on Wednesday, August 31st. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 474.67 ($6.20).
In other news, insider Wilcox,Alison sold 40,329 shares of the company’s stock in a transaction dated Monday, August 1st. The shares were sold at an average price of GBX 417 ($5.44), for a total value of £168,171.93 ($219,516.94). Also, insider Patterson,Gavin sold 66,704 shares of the company’s stock in a transaction dated Friday, July 29th. The shares were sold at an average price of GBX 413 ($5.39), for a total transaction of £275,487.52 ($359,597.34).
BT Group plc Company Profile
BT Group plc is a communications services company. The Company’s activities are the provision of fixed-line services, broadband, mobile and television products and services, as well as managed networked information technology (IT) services in both the United Kingdom and across the globe. The Company operates in five segments: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach.
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