BT Group plc (BT.A) Receives “Sell” Rating from Deutsche Bank AG
BT Group plc (LON:BT.A)‘s stock had its “sell” rating restated by stock analysts at Deutsche Bank AG in a research note issued to investors on Thursday. They presently have a GBX 265 ($3.42) price target on the communications services company’s stock.
A number of other research analysts also recently issued reports on BT.A. Credit Suisse Group decreased their price target on BT Group plc from GBX 340 ($4.39) to GBX 320 ($4.13) and set a “neutral” rating for the company in a report on Wednesday, May 17th. 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 Saturday, May 20th. Barclays PLC set a GBX 450 ($5.81) price target on BT Group plc and gave the company a “buy” rating in a report on Saturday, May 20th. Goldman Sachs Group, Inc. (The) decreased their price target on BT Group plc from GBX 350 ($4.52) to GBX 340 ($4.39) and set a “neutral” rating for the company in a report on Wednesday, May 24th. Finally, BNP Paribas set a GBX 260 ($3.36) price target on BT Group plc and gave the company a “sell” rating in a report on Thursday, May 25th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 353 ($4.56).
In other news, insider Sean Williams sold 18,945 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of GBX 313 ($4.04), for a total value of £59,297.85 ($76,582.53). Also, insider Isabel Hudson purchased 3,367 shares of BT Group plc stock in a transaction dated Friday, August 11th. The stock was acquired at an average cost of GBX 295 ($3.81) per share, with a total value of £9,932.65 ($12,827.91). Insiders have purchased a total of 113,903 shares of company stock worth $32,185,489 in the last 90 days.
BT Group plc Company Profile
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