BT Group plc (BT.A) Given Consensus Recommendation of “Hold” by Analysts
BT Group plc (LON:BT.A) has received an average rating of “Hold” from the twenty analysts that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is GBX 348.16 ($4.63).
A number of brokerages have recently commented on BT.A. Credit Suisse Group lowered BT Group plc to a “neutral” rating and lowered their price objective for the company from GBX 360 ($4.78) to GBX 310 ($4.12) in a report on Monday, October 9th. Deutsche Bank AG reissued a “sell” rating and set a GBX 265 ($3.52) price objective on shares of BT Group plc in a report on Tuesday, July 11th. UBS AG set a GBX 310 ($4.12) price objective on BT Group plc and gave the company a “neutral” rating in a report on Friday, July 28th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 410 ($5.45) price objective on shares of BT Group plc in a report on Monday, July 31st. Finally, HSBC Holdings plc set a GBX 360 ($4.78) price objective on BT Group plc and gave the company a “buy” rating in a report on Thursday, September 7th.
In related 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 ($4.16), for a total transaction of £59,297.85 ($78,790.66). Also, insider Isabel Hudson bought 3,367 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The shares were bought at an average price of GBX 295 ($3.92) per share, with a total value of £9,932.65 ($13,197.78).
About BT Group plc
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