BT Group Receives buy Rating from Nomura (BT.A)
BT Group (LON:BT.A)‘s stock had its “buy” rating reaffirmed by analysts at Nomura in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. They currently have a GBX 390 ($6.31) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of BT Group in a research note to investors on Wednesday, October 16th. They now have a GBX 350 ($5.66) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. upgraded shares of BT Group to a “conviction-buy” rating in a research note to investors on Wednesday, October 16th. They now have a GBX 490 ($7.92) price target on the stock, up previously from GBX 400 ($6.47). Finally, analysts at Macquarie reiterated an “underperform” rating on shares of BT Group in a research note to investors on Tuesday, October 15th. They now have a GBX 180 ($2.91) price target on the stock. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. BT Group presently has a consensus rating of “Buy” and a consensus target price of GBX 340.03 ($5.50).
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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