BT Group plc (ADR) Receives Overweight Rating from JPMorgan Chase & Co. (BT)
BT Group plc (ADR) (NYSE:BT)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a report released on Thursday, AR Network reports.
A number of other analysts have also recently weighed in on BT. Analysts at Jefferies Group reiterated a “buy” rating on shares of BT Group plc (ADR) in a research note on Thursday. Separately, analysts at UBS AG upgraded shares of BT Group plc (ADR) from a “sell” rating to a “neutral” rating in a research note on Thursday, April 10th. Finally, analysts at Sanford C. Bernstein downgraded shares of BT Group plc (ADR) from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 9th. One analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $61.21.
Shares of BT Group plc (NYSE:BT) opened at 62.29 on Thursday. BT Group plc has a 1-year low of $42.03 and a 1-year high of $69.92. The stock has a 50-day moving average of $63.92 and a 200-day moving average of $62.22. The company has a market cap of $49.004 billion and a P/E ratio of 14.58.
BT Group plc (ADR) (NYSE:BT) last announced its earnings results on Friday, January 31st. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.25.
BT Group plc is a communications services companies, serving the needs of customers in the United Kingdom and in more than 170 countries globally.
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