Shares of BT Group plc (LON:BT.A) were up 0% on Thursday . The company traded as high as GBX 240.75 ($3.33) and last traded at GBX 240 ($3.32). Approximately 18,520,000 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 24,350,000 shares. The stock had previously closed at GBX 240 ($3.32).
A number of analysts have recently weighed in on BT.A shares. Numis Securities restated a “buy” rating and issued a GBX 400 ($5.53) price objective on shares of BT Group in a research note on Thursday, January 11th. Barclays set a GBX 420 ($5.80) price objective on shares of BT Group and gave the stock a “buy” rating in a research note on Wednesday, November 8th. Sanford C. Bernstein set a GBX 355 ($4.90) price objective on shares of BT Group and gave the stock a “buy” rating in a research note on Monday, January 15th. HSBC restated a “buy” rating and issued a GBX 360 ($4.97) price objective on shares of BT Group in a research note on Tuesday, January 30th. Finally, UBS Group set a GBX 330 ($4.56) price objective on shares of BT Group and gave the stock a “buy” rating in a research note on Thursday, February 8th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 318.78 ($4.40).
The company has a market capitalization of $23,810.00 and a PE ratio of 1,411.76.
BT Group 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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