Shares of BT Group PLC (NYSE:BT) have earned a consensus rating of “Hold” from the twenty-two analysts that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $332.50.

Several analysts recently issued reports on the stock. Credit Suisse Group reduced their price target on shares of BT Group PLC from GBX 320 ($4.21) to GBX 280 ($3.68) and set a “neutral” rating on the stock in a research report on Tuesday, November 7th. Beaufort Securities lowered shares of BT Group PLC to a “hold” rating and reduced their price target for the stock from GBX 340 ($4.47) to GBX 265 ($3.49) in a research report on Friday, November 3rd. Deutsche Bank AG restated a “sell” rating and issued a GBX 265 ($3.49) target price on shares of BT Group PLC in a research report on Wednesday, November 1st. Numis Securities Ltd restated a “buy” rating and issued a GBX 390 ($5.13) target price on shares of BT Group PLC in a research report on Tuesday, October 31st. Finally, Zacks Investment Research lowered shares of BT Group PLC from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th.

Shares of BT Group PLC (BT) opened at $16.53 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.81 and a debt-to-equity ratio of 1.50. The stock has a market cap of $32,786.64, a P/E ratio of 9.13, a P/E/G ratio of 4.61 and a beta of 0.98. BT Group PLC has a 52-week low of $16.44 and a 52-week high of $24.65.

The business also recently announced a None dividend, which will be paid on Monday, February 12th. Shareholders of record on Friday, December 29th will be paid a $0.297 dividend. This represents a yield of 3.84%. The ex-dividend date is Thursday, December 28th. BT Group PLC’s payout ratio is 91.35%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BT. Russell Investments Group Ltd. bought a new stake in shares of BT Group PLC in the second quarter valued at approximately $129,000. Creative Planning raised its position in shares of BT Group PLC by 5.9% in the second quarter. Creative Planning now owns 6,750 shares of the utilities provider’s stock valued at $131,000 after purchasing an additional 377 shares during the period. Stephens Inc. AR raised its position in shares of BT Group PLC by 3.2% in the second quarter. Stephens Inc. AR now owns 11,204 shares of the utilities provider’s stock valued at $217,000 after purchasing an additional 343 shares during the period. Cambridge Investment Research Advisors Inc. bought a new stake in shares of BT Group PLC in the third quarter valued at approximately $224,000. Finally, WealthTrust Axiom LLC bought a new stake in shares of BT Group PLC in the second quarter valued at approximately $227,000. Hedge funds and other institutional investors own 0.99% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/11/13/bt-group-plc-bt-given-consensus-rating-of-hold-by-analysts.html.

BT Group PLC Company Profile

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.