BT Group plc Receives Outperform Rating from Credit Suisse (BT.A)
BT Group plc (LON:BT.A)‘s stock had its “outperform” rating restated by research analysts at Credit Suisse in a report released on Wednesday. They currently have a GBX 440 ($7.38) price objective on the stock.
A number of other firms have also recently commented on BT.A. Analysts at Goldman Sachs raised their price target on shares of BT Group plc from GBX 520 ($8.72) to GBX 610 ($10.23) in a research note on Wednesday, May 28th. They now have a “conviction-buy” rating on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of BT Group plc in a research note on Tuesday, May 27th. They now have a GBX 460 ($7.71) price target on the stock. Finally, analysts at Barclays raised their price target on shares of BT Group plc from GBX 410 ($6.87) to GBX 450 ($7.54) in a research note on Monday, May 12th. They now have an “overweight” rating on the stock. Three research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 409.76 ($6.87).
The company also recently announced a dividend, which is scheduled for Monday, September 8th. Investors of record on Wednesday, August 13th will be paid a dividend of GBX 7.50 ($0.13) per share. This represents a dividend yield of 1.94%. The ex-dividend date is Wednesday, August 13th.
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.