Berenberg Bank reaffirmed their hold rating on shares of BT Group – CLASS A (LON:BT.A) in a research note released on Tuesday morning, ThisIsMoney.Co.Uk reports.
Other analysts also recently issued research reports about the stock. Goldman Sachs Group reiterated a buy rating and issued a GBX 255 ($3.35) price objective on shares of BT Group – CLASS A in a report on Thursday, December 5th. Macquarie reiterated an outperform rating on shares of BT Group – CLASS A in a report on Friday, October 18th. JPMorgan Chase & Co. cut their price objective on shares of BT Group – CLASS A from GBX 290 ($3.81) to GBX 260 ($3.42) and set an overweight rating for the company in a report on Monday, November 4th. Barclays reiterated an underweight rating on shares of BT Group – CLASS A in a report on Friday, January 10th. Finally, Citigroup cut their price objective on shares of BT Group – CLASS A from GBX 220 ($2.89) to GBX 205 ($2.70) and set a neutral rating for the company in a report on Friday, November 8th. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company. BT Group – CLASS A currently has a consensus rating of Hold and a consensus price target of GBX 233.25 ($3.07).
BT.A opened at GBX 171.28 ($2.25) on Tuesday. The company has a market cap of $17.10 billion and a PE ratio of 7.11. The company has a quick ratio of 0.93, a current ratio of 1.05 and a debt-to-equity ratio of 231.66. BT Group – CLASS A has a twelve month low of GBX 157.67 ($2.07) and a twelve month high of GBX 241.40 ($3.18). The company has a 50-day moving average price of GBX 192.90 and a 200 day moving average price of GBX 187.33.
In other BT Group – CLASS A news, insider Simon Lowth acquired 106,856 shares of the business’s stock in a transaction on Thursday, December 19th. The stock was bought at an average price of GBX 204 ($2.68) per share, for a total transaction of £217,986.24 ($286,748.54).
About BT Group – CLASS A
BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.
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