BT Group plc Receives Buy Rating from Nomura (BT)
BT Group plc (NYSE:BT)‘s stock had its “buy” rating reiterated by stock analysts at Nomura in a report issued on Monday, Analyst Ratings News reports.
A number of other firms have also recently commented on BT. Analysts at Zacks upgraded shares of BT Group plc from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, January 15th. They now have a $66.20 price target on the stock. Separately, analysts at BNP Paribas downgraded shares of BT Group plc from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, January 14th. Finally, 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. One research analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. BT Group plc currently has an average rating of “Buy” and a consensus target price of $39.27.
Shares of BT Group plc (NYSE:BT) opened at 63.05 on Monday. BT Group plc has a one year low of $39.44 and a one year high of $63.85. The stock has a 50-day moving average of $62.43 and a 200-day moving average of $57.38. The company has a market cap of $49.339 billion and a P/E ratio of 14.67.
BT Group plc (NYSE:BT) last released its earnings data on Friday, January 31st. The company reported $1.20 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.95 by $0.25.
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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