BT Group – CLASS A (BT.A) Price Target Increased to GBX 260 by Analysts at Barclays

BT Group – CLASS A (LON:BT.A) had its price target boosted by Barclays from GBX 250 ($3.27) to GBX 260 ($3.40) in a report issued on Friday. Barclays currently has an equal weight rating on the communications services company’s stock.

Several other research firms have also commented on BT.A. Jefferies Financial Group lifted their price target on BT Group – CLASS A from GBX 245 ($3.20) to GBX 250 ($3.27) and gave the stock a buy rating in a research report on Tuesday, July 24th. HSBC lifted their price target on BT Group – CLASS A from GBX 255 ($3.33) to GBX 275 ($3.59) and gave the stock a buy rating in a research report on Friday, November 2nd. Royal Bank of Canada reiterated a sector performer rating on shares of BT Group – CLASS A in a research report on Wednesday. UBS Group reissued a neutral rating on shares of BT Group – CLASS A in a research note on Thursday, September 20th. Finally, JPMorgan Chase & Co. set a GBX 260 ($3.40) price objective on shares of BT Group – CLASS A and gave the stock a neutral rating in a research note on Wednesday, September 19th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 269.29 ($3.52).

BT.A traded down GBX 0.85 ($0.01) on Friday, hitting GBX 254.15 ($3.32). The company had a trading volume of 22,339,259 shares, compared to its average volume of 26,890,000. BT Group – CLASS A has a 12-month low of GBX 224.20 ($2.93) and a 12-month high of GBX 337.05 ($4.40).

In other news, insider Alison Wilcox acquired 53,728 shares of the firm’s stock in a transaction on Tuesday, September 4th. The stock was acquired at an average price of GBX 222 ($2.90) per share, with a total value of £119,276.16 ($155,855.43).

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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Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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