BT Group PLC (NYSE:BT)‘s stock had its “buy” rating reissued by research analysts at Numis Securities Ltd in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports. They currently have a GBX 390 ($5.15) price target on the utilities provider’s stock.

A number of other analysts have also weighed in on BT. Barclays PLC reissued an “overweight” rating and issued a GBX 450 ($5.94) price objective on shares of BT Group PLC in a research report on Wednesday, August 9th. BidaskClub lowered shares of BT Group PLC from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. J P Morgan Chase & Co reissued a “neutral” rating and issued a GBX 290 ($3.83) price objective on shares of BT Group PLC in a research report on Wednesday, July 12th. Deutsche Bank AG reissued a “sell” rating and issued a GBX 265 ($3.50) price objective on shares of BT Group PLC in a research report on Wednesday, August 9th. Finally, Zacks Investment Research lowered shares of BT Group PLC from a “buy” rating to a “hold” rating in a research report on Friday, September 29th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $334.00.

BT Group PLC (BT) opened at 18.27 on Tuesday. The stock has a market cap of $36.31 billion, a P/E ratio of 17.24 and a beta of 1.04. The company’s 50-day moving average price is $18.90 and its 200-day moving average price is $19.50. BT Group PLC has a one year low of $18.05 and a one year high of $24.65.

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A number of hedge funds have recently modified their holdings of BT. Ameriprise Financial Inc. boosted its stake in BT Group PLC by 10.4% in the first quarter. Ameriprise Financial Inc. now owns 48,683 shares of the utilities provider’s stock valued at $977,000 after acquiring an additional 4,582 shares in the last quarter. Alliancebernstein L.P. boosted its stake in BT Group PLC by 11.6% in the first quarter. Alliancebernstein L.P. now owns 67,003 shares of the utilities provider’s stock valued at $1,346,000 after acquiring an additional 6,944 shares in the last quarter. FMR LLC boosted its stake in BT Group PLC by 10.5% in the first quarter. FMR LLC now owns 441,888 shares of the utilities provider’s stock valued at $8,878,000 after acquiring an additional 42,130 shares in the last quarter. UBS Group AG boosted its stake in BT Group PLC by 6.0% in the first quarter. UBS Group AG now owns 199,614 shares of the utilities provider’s stock valued at $4,010,000 after acquiring an additional 11,308 shares in the last quarter. Finally, Morgan Stanley boosted its stake in BT Group PLC by 18.6% in the first quarter. Morgan Stanley now owns 426,962 shares of the utilities provider’s stock valued at $8,578,000 after acquiring an additional 67,065 shares in the last quarter. 0.98% of the stock is currently owned by institutional investors.

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