BT Group plc (LON:BT.A) received a GBX 560 ($6.83) price target from investment analysts at Goldman Sachs Group Inc. in a research report issued on Tuesday. The firm currently has a a “buy” rating on the communications services company’s stock.
Other equities analysts also recently issued research reports about the stock. Haitong Bank restated a “buy” rating and set a GBX 600 ($7.31) price objective on shares of BT Group plc in a report on Thursday, July 14th. Societe Generale reiterated a “buy” rating and issued a GBX 500 ($6.09) price target on shares of BT Group plc in a report on Tuesday, August 9th. S&P Global Inc. set a GBX 475 ($5.79) price target on shares of BT Group plc and gave the stock a “neutral” rating in a report on Thursday, July 28th. JPMorgan Chase & Co. set a GBX 490 ($5.97) price target on shares of BT Group plc and gave the stock a “buy” rating in a report on Friday, July 1st. Finally, Jefferies Group reiterated a “hold” rating and issued a GBX 400 ($4.88) price target on shares of BT Group plc in a report on Monday, July 25th. Five equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 473 ($5.76).
In other news, insider Wilcox,Alison sold 40,329 shares of BT Group plc stock in a transaction dated Monday, August 1st. The stock was sold at an average price of GBX 417 ($5.08), for a total value of £168,171.93 ($204,962.74). Also, insider Patterson,Gavin acquired 331 shares of the firm’s stock in a transaction dated Friday, August 12th. The stock was bought at an average price of GBX 399 ($4.86) per share, with a total value of £1,320.69 ($1,609.62).
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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