BT Group plc (BT.A) Rating Reiterated by BNP Paribas
BT Group plc (LON:BT.A)‘s stock had its “neutral” rating reiterated by equities researchers at BNP Paribas in a note issued to investors on Wednesday. They currently have a GBX 395 ($4.81) price target on the communications services company’s stock.
BT.A has been the subject of a number of other reports. Goldman Sachs Group Inc. set a GBX 560 ($6.83) target price on shares of BT Group plc and gave the company a “buy” rating in a report on Thursday, September 22nd. Beaufort Securities restated a “buy” rating on shares of BT Group plc in a research report on Friday, July 29th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 550 ($6.70) price target on shares of BT Group plc in a research report on Friday, July 29th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 490 ($5.97) price target on shares of BT Group plc in a research report on Friday, July 29th. Finally, Jefferies Group restated a “hold” rating and issued a GBX 400 ($4.88) price target on shares of BT Group plc in a research report on Monday, October 3rd. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company’s stock. BT Group plc presently has a consensus rating of “Hold” and an average target price of GBX 472.79 ($5.76).
In other BT Group plc news, insider Patterson,Gavin sold 66,704 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The stock was sold at an average price of GBX 413 ($5.03), for a total value of £275,487.52 ($335,755.66). Also, insider Wilcox,Alison sold 40,329 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of GBX 417 ($5.08), for a total value of £168,171.93 ($204,962.74).
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About BT Group plc
BT Group plc is a communications services company. The Company’s activities are the provision of fixed-line services, broadband, mobile and television products and services, as well as managed networked information technology (IT) services in both the United Kingdom and across the globe. The Company operates in five segments: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach.
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