BT Group plc’s (BT.A) Outperform Rating Reiterated at Royal Bank Of Canada
BT Group plc (LON:BT.A)‘s stock had its “outperform” rating reiterated by analysts at Royal Bank Of Canada in a research note issued to investors on Monday. They currently have a GBX 410 ($5.45) target price on the communications services company’s stock.
Several other equities research analysts also recently commented on BT.A. Macquarie raised BT Group plc to an “outperform” rating and increased their price objective for the company from GBX 270 ($3.59) to GBX 330 ($4.38) in a report on Wednesday, June 28th. J P Morgan Chase & Co cut their price target on BT Group plc from GBX 330 ($4.38) to GBX 290 ($3.85) and set a “neutral” rating for the company in a report on Wednesday, July 5th. Deutsche Bank AG reaffirmed a “sell” rating and set a GBX 265 ($3.52) price target on shares of BT Group plc in a report on Tuesday, July 11th. Numis Securities Ltd started coverage on BT Group plc in a report on Thursday, July 13th. They set a “buy” rating and a GBX 390 ($5.18) price target for the company. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and set a GBX 340 ($4.52) price target on shares of BT Group plc in a report on Monday, July 17th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. BT Group plc has an average rating of “Hold” and an average target price of GBX 348.50 ($4.63).
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In other news, insider Sean Williams sold 18,945 shares of BT Group plc stock in a transaction dated 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 purchased 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 ($3.92) per share, for a total transaction of £9,932.65 ($13,197.78).
BT Group plc Company Profile
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