BT Group PLC (NYSE:BT)‘s stock had its “sell” rating reissued by equities research analysts at Deutsche Bank AG in a report issued on Thursday, StockTargetPrices.com reports. They currently have a GBX 265 ($3.42) target price on the utilities provider’s stock.

Other equities research analysts have also issued research reports about the stock. Citigroup Inc. reissued a “buy” rating on shares of BT Group PLC in a research note on Monday, May 29th. ValuEngine raised shares of BT Group PLC from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Numis Securities Ltd started coverage on shares of BT Group PLC in a research note on Thursday, July 13th. They set a “buy” rating and a GBX 390 ($5.04) target price for the company. BidaskClub raised shares of BT Group PLC from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Finally, Zacks Investment Research raised shares of BT Group PLC from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Monday, August 28th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $340.06.

Shares of BT Group PLC (NYSE BT) traded up 1.78% during mid-day trading on Thursday, reaching $19.48. The company had a trading volume of 1,008,457 shares. The stock has a market capitalization of $38.72 billion, a P/E ratio of 18.82 and a beta of 1.06. BT Group PLC has a 52-week low of $18.06 and a 52-week high of $26.35. The company’s 50-day moving average is $19.51 and its 200 day moving average is $19.78.

ILLEGAL ACTIVITY NOTICE: This report was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another domain, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/09/17/bt-group-plc-bt-stock-rating-reaffirmed-by-deutsche-bank-ag.html.

A number of institutional investors have recently added to or reduced their stakes in BT. Stephens Inc. AR increased its holdings in shares of BT Group PLC by 3.2% during the 2nd quarter. Stephens Inc. AR now owns 11,204 shares of the utilities provider’s stock worth $217,000 after purchasing an additional 343 shares during the period. Creative Planning increased its holdings in shares of BT Group PLC by 5.9% during the 2nd quarter. Creative Planning now owns 6,750 shares of the utilities provider’s stock worth $131,000 after purchasing an additional 377 shares during the period. Boston Common Asset Management LLC increased its holdings in shares of BT Group PLC by 2.8% during the 1st quarter. Boston Common Asset Management LLC now owns 31,062 shares of the utilities provider’s stock worth $624,000 after purchasing an additional 845 shares during the period. Raymond James Financial Services Advisors Inc. increased its holdings in shares of BT Group PLC by 7.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 16,935 shares of the utilities provider’s stock worth $329,000 after purchasing an additional 1,204 shares during the period. Finally, Comerica Bank increased its holdings in shares of BT Group PLC by 1.1% during the 1st quarter. Comerica Bank now owns 115,951 shares of the utilities provider’s stock worth $2,325,000 after purchasing an additional 1,317 shares during the period. 0.99% of the stock is owned by hedge funds and other institutional investors.

BT Group PLC Company Profile

Stock Target Prices

Analyst Recommendations for BT Group PLC (NYSE:BT)

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.