BT Group Price Target Raised to GBX 420 at Nomura (BT.A)
Analysts at Nomura raised their price objective on shares of BT Group (LON:BT.A) from GBX 390 ($6.31) to GBX 420 ($6.80) in a research report issued to clients and investors on Friday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock.
A number of other firms have also recently commented on BT.A. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of BT Group in a research note to investors on Thursday. They now have a GBX 405 ($6.55) price target on the stock. Separately, analysts at Bank of America Corp. raised their price target on shares of BT Group from GBX 350 ($5.66) to GBX 400 ($6.47) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Finally, 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. Two investment 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’s stock. The stock currently has an average rating of “Buy” and a consensus price target of GBX 346.99 ($5.61).
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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