BT Group (NYSE:BT) was upgraded by equities researchers at UBS from a “neutral” rating to a “buy” rating in a report released on Wednesday, The Fly reports.

A number of other research firms also recently weighed in on BT. BidaskClub downgraded shares of BT Group from a “buy” rating to a “hold” rating in a research report on Friday, August 18th. Numis Securities reiterated a “buy” rating and issued a GBX 390 ($5.25) price target on shares of BT Group in a research report on Tuesday, October 31st. Zacks Investment Research upgraded shares of BT Group from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a research report on Monday, October 2nd. ValuEngine upgraded shares of BT Group from a “hold” rating to a “buy” rating in a research report on Monday, November 27th. Finally, Jefferies Group lowered their price objective on shares of BT Group from GBX 280 ($3.77) to GBX 265 ($3.57) and set a “hold” rating for the company in a research report on Wednesday, October 25th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $317.18.

BT Group (BT) traded up $0.03 during midday trading on Wednesday, hitting $18.09. 955,300 shares of the stock were exchanged, compared to its average volume of 744,823. The company has a current ratio of 0.83, a quick ratio of 0.81 and a debt-to-equity ratio of 1.50. BT Group has a 52 week low of $16.15 and a 52 week high of $24.65. The firm has a market capitalization of $35,821.34, a P/E ratio of 9.98, a price-to-earnings-growth ratio of 5.04 and a beta of 0.99.

Several large investors have recently made changes to their positions in the company. NEXT Financial Group Inc increased its holdings in shares of BT Group by 0.9% during the second quarter. NEXT Financial Group Inc now owns 5,375 shares of the utilities provider’s stock worth $149,000 after buying an additional 50 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of BT Group by 0.4% during the third quarter. SG Americas Securities LLC now owns 28,666 shares of the utilities provider’s stock worth $729,000 after buying an additional 108 shares in the last quarter. Fulton Bank increased its holdings in shares of BT Group by 2.1% during the fourth quarter. Fulton Bank now owns 8,403 shares of the utilities provider’s stock worth $291,000 after buying an additional 169 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its holdings in shares of BT Group by 2.7% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 10,568 shares of the utilities provider’s stock worth $293,000 after buying an additional 279 shares in the last quarter. Finally, Stephens Inc. AR increased its holdings in shares of BT Group by 3.2% during the second quarter. Stephens Inc. AR now owns 11,204 shares of the utilities provider’s stock worth $217,000 after buying an additional 343 shares in the last quarter. Institutional investors own 0.96% of the company’s stock.

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About BT Group

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