BT Group plc Stock Rating Reaffirmed by Nomura (BT.A)
BT Group plc (LON:BT.A)‘s stock had its “buy” rating reiterated by equities researchers at Nomura in a research report issued on Monday. They currently have a GBX 500 ($8.41) price target on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. raised their price target on shares of BT Group plc from GBX 430 ($7.23) to GBX 450 ($7.57) in a research note on Monday. They now have a “buy” rating on the stock. Separately, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of BT Group plc in a research note on Friday. They now have a GBX 610 ($10.26) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of BT Group plc in a research note on Wednesday, June 4th. They now have a GBX 440 ($7.40) price target on the stock. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of GBX 411.59 ($6.92).
The company also recently declared a dividend, which is scheduled for Monday, September 8th. Shareholders of record on Wednesday, August 13th will be given a dividend of GBX 7.50 ($0.13) per share. This represents a yield of 1.94%. The ex-dividend date of this dividend 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.
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