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BT Group plc (NYSE:BT)’s share price hit a new 52-week high during mid-day trading on Tuesday , Analyst RN reports. The company traded as high as $69.92 and last traded at $69.73, with a volume of 88,199 shares. The stock had previously closed at $66.44.

A number of research firms have recently commented on BT. Analysts at Nomura reiterated a “buy” rating on shares of BT Group plc in a research note on Monday, February 3rd. Separately, analysts at Zacks upgraded shares of BT Group plc from a “neutral” rating to an “outperform” rating in a research note on Wednesday, January 15th. They now have a $66.20 price target on the stock. Finally, analysts at BNP Paribas downgraded shares of BT Group plc from a “neutral” rating to an “underperform” rating in a research note on Tuesday, January 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $39.27.

The stock’s 50-day moving average is $63.4 and its 200-day moving average is $58.56. The company has a market cap of $54.872 billion and a P/E ratio of 15.86.

BT Group plc (NYSE:BT) last announced its earnings results on Friday, January 31st. The company reported $1.20 EPS for the quarter, beating the Thomson Reuters 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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