BT Group plc Receives Consensus Rating of “Buy” from Brokerages (LON:BT.A)
BT Group plc (LON:BT.A) has been given an average recommendation of “Buy” by the twenty-two ratings firms that are covering the stock, Stock Ratings Network.com reports. Four analysts have rated the stock with a sell rating, four have given a hold rating, twelve have given a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 398.16 ($6.66).
A number of analysts have recently weighed in on BT.A shares. Analysts at Berenberg Bank reiterated a “buy” rating on shares of BT Group plc in a research note on Monday, August 11th. They now have a GBX 475 ($7.94) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of BT Group plc in a research note on Tuesday, August 5th. They now have a GBX 450 ($7.52) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research raised their price target on shares of BT Group plc from GBX 455 ($7.61) to GBX 480 ($8.02) in a research note on Monday, August 4th. They now have a “buy” 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.
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