BT Group plc Reaches New 12-Month High at $56.02 (BT)
BT Group plc (NYSE:BT)’s share price reached a new 52-week high during trading on Friday, Analyst Ratings Network.com reports. The stock traded as high as $56.02 and last traded at $55.79, with a volume of 86,830 shares traded. The stock had previously closed at $55.09.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of BT Group plc (NYSE:BT) from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, July 31st. They now have a $54.90 price target on the stock. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. BT Group plc currently has an average rating of “Buy” and a consensus price target of $52.56.
BT Group plc has a 52-week low of $34.16 and a 52-week high of $55.85. The stock has a 50-day moving average of $52.79 and a 200-day moving average of $47.83. The company has a market cap of $43.789 billion and a P/E ratio of 13.88.
BT Group plc is a communications services company. The Company is engaged in providing and managing data and voice networks and providing a range of services over these networks.
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