A number of other research analysts have also recently weighed in on the stock. Barclays set a GBX 420 ($5.80) target price on shares of BT Group and gave the company a buy rating in a research note on Wednesday, November 8th. Beaufort Securities cut shares of BT Group to a hold rating and lowered their target price for the company from GBX 340 ($4.70) to GBX 265 ($3.66) in a research note on Friday, November 3rd. Credit Suisse Group lowered their target price on shares of BT Group from GBX 320 ($4.42) to GBX 280 ($3.87) and set a neutral rating on the stock in a research note on Tuesday, November 7th. Numis Securities restated a buy rating and set a GBX 400 ($5.53) target price on shares of BT Group in a research note on Monday, November 27th. Finally, Sanford C. Bernstein set a GBX 355 ($4.90) target price on shares of BT Group and gave the company a buy rating in a research note on Monday, January 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 325.42 ($4.50).
BT Group (LON BT.A) opened at GBX 242.60 ($3.35) on Monday. BT Group has a one year low of GBX 224.30 ($3.10) and a one year high of GBX 349.20 ($4.82). The firm has a market cap of $24,070.00 and a price-to-earnings ratio of 1,427.06.
About BT Group
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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