BT Group plc Sets New 1-Year High at $63.43 (BT)
Shares of BT Group plc (NYSE:BT) hit a new 52-week high on Monday, American Banking News.com reports. The company traded as high as $63.43 and last traded at $63.22, with a volume of 55,533 shares trading hands. The stock had previously closed at $62.70.
A number of research firms have recently commented on BT. Analysts at Raymond James upgraded shares of BT Group plc from an “outperform” rating to a “strong-buy” rating in a research note to investors on Friday, December 6th. Separately, analysts at Zacks downgraded shares of BT Group plc from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, November 25th. They now have a $64.20 price target on the stock. Finally, analysts at JPMorgan Chase & Co. upgraded shares of BT Group plc from a “neutral” rating to an “overweight” rating in a research note to investors on Monday, November 11th. They now have a $1.40 price target on the stock. Five investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $38.61.
BT Group plc has a 52 week low of $38.23 and a 52 week high of $63.22. The stock’s 50-day moving average is $61.22 and its 200-day moving average is $55.45. The company has a market cap of $49.638 billion and a P/E ratio of 15.26.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.