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BT Group (LON:BT.A) was upgraded by stock analysts at Beaufort Securities to a “buy” rating in a report issued on Monday, AnalystRatingsNetwork.com reports.

A number of other analysts have also recently weighed in on BT.A. Analysts at Nomura reiterated a “buy” rating on shares of BT Group in a research note to investors on Monday. They now have a GBX 500 ($8.22) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BT Group in a research note to investors on Monday. They now have a GBX 430 ($7.07) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of BT Group in a research note to investors on Friday. They now have a GBX 245 ($4.03) price target on the stock. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of GBX 384.74 ($6.32).

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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