BT Group plc (BT.A) PT Set at GBX 360 by HSBC Holdings plc
BT Group plc (LON:BT.A) has been given a GBX 360 ($4.65) target price by HSBC Holdings plc in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the communications services company’s stock.
Several other analysts have also recently weighed in on BT.A. Barclays PLC lowered their price target on BT Group plc from GBX 475 ($6.13) to GBX 450 ($5.81) and set an “overweight” rating on the stock in a report on Friday, May 12th. Beaufort Securities lowered their price target on BT Group plc from GBX 390 ($5.04) to GBX 340 ($4.39) and set a “buy” rating on the stock in a report on Friday, May 12th. Royal Bank Of Canada set a GBX 410 ($5.30) price target on BT Group plc and gave the company a “buy” rating in a report on Friday, May 12th. Citigroup Inc. reaffirmed a “buy” rating on shares of BT Group plc in a report on Monday, May 15th. Finally, Credit Suisse Group lowered their price target on BT Group plc from GBX 340 ($4.39) to GBX 320 ($4.13) and set a “neutral” rating on the stock in a report on Wednesday, May 17th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 353 ($4.56).
In other BT Group plc news, insider Isabel Hudson acquired 3,367 shares of the business’s stock in a transaction dated Friday, August 11th. The shares were purchased at an average cost of GBX 295 ($3.81) per share, for a total transaction of £9,932.65 ($12,827.91). Also, insider Tony Ball acquired 100,000 shares of the business’s stock in a transaction dated Thursday, June 22nd. The stock was acquired at an average price of GBX 282 ($3.64) per share, for a total transaction of £282,000 ($364,199.92). Over the last quarter, insiders bought 113,903 shares of company stock worth $32,185,489.
About BT Group plc
Receive News & Ratings for BT Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group plc and related companies with MarketBeat.com's FREE daily email newsletter.