BT Group plc (BT.A) Stock Rating Reaffirmed by Numis Securities Ltd
BT Group plc (LON:BT.A)‘s stock had its “buy” rating reissued by Numis Securities Ltd in a research report issued on Thursday. They currently have a GBX 390 ($5.04) price target on the communications services company’s stock.
A number of other brokerages have also issued reports on BT.A. Sanford C. Bernstein set a GBX 350 ($4.52) price target on shares of BT Group plc and gave the stock a “buy” rating in a research note on Friday, June 9th. Deutsche Bank AG reiterated a “sell” rating and set a GBX 265 ($3.42) price target on shares of BT Group plc in a research note on Friday, June 9th. UBS AG set a GBX 310 ($4.00) price target on shares of BT Group plc and gave the stock a “neutral” rating in a research note on Friday, June 9th. J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 330 ($4.26) price target on shares of BT Group plc in a research note on Thursday, June 8th. Finally, Barclays PLC reiterated an “overweight” rating and set a GBX 450 ($5.81) price target on shares of BT Group plc in a research note on Thursday, June 8th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 353 ($4.56).
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In related news, insider Tony Ball purchased 100,000 shares of the business’s stock in a transaction on Thursday, June 22nd. The shares were bought at an average price of GBX 282 ($3.64) per share, with a total value of £282,000 ($364,199.92). Also, insider Isabel Hudson purchased 3,367 shares of the business’s stock in a transaction on Friday, August 11th. The shares were bought at an average cost of GBX 295 ($3.81) per share, for a total transaction of £9,932.65 ($12,827.91). Insiders have purchased 113,903 shares of company stock worth $32,185,489 in the last three months.
About BT Group plc
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