BT Group plc Given Consensus Recommendation of “Buy” by Brokerages (LON:BT.A)
BT Group plc (LON:BT.A) has earned a consensus rating of “Buy” from the twenty-five analysts that are currently covering the stock, American Banking & Market News reports. Three analysts have rated the stock with a sell recommendation, five have issued a hold recommendation, fifteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 396.52 ($6.59).
BT.A has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of BT Group plc in a research note on Wednesday. They now have a GBX 384 ($6.39) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of BT Group plc in a research note on Tuesday. They now have a GBX 450 ($7.48) price target on the stock. Finally, analysts at Morgan Stanley raised their price target on shares of BT Group plc from GBX 390 ($6.49) to GBX 410 ($6.82) in a research note on Tuesday. They now have an “equal weight” rating on the stock.
BT Group plc is a communications services companies, serving the needs of customers in the United Kingdom and in more than 170 countries globally.
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.