Numis Securities Reaffirms “Buy” Rating for BT Group – CLASS A (BT.A)

BT Group – CLASS A (LON:BT.A)‘s stock had its “buy” rating reiterated by research analysts at Numis Securities in a research note issued to investors on Monday, ThisIsMoney.Co.Uk reports.

BT.A has been the subject of a number of other research reports. Goldman Sachs Group cut their price target on shares of BT Group – CLASS A from GBX 320 ($4.18) to GBX 300 ($3.92) and set a “buy” rating for the company in a report on Thursday, April 11th. Barclays reiterated an “equal weight” rating on shares of BT Group – CLASS A in a report on Tuesday, January 22nd. Deutsche Bank reiterated a “hold” rating on shares of BT Group – CLASS A in a report on Wednesday, January 23rd. UBS Group reiterated a “neutral” rating on shares of BT Group – CLASS A in a report on Tuesday, March 19th. Finally, Berenberg Bank increased their price target on shares of BT Group – CLASS A from GBX 270 ($3.53) to GBX 275 ($3.59) and gave the company a “buy” rating in a report on Tuesday, January 22nd. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. BT Group – CLASS A has an average rating of “Hold” and a consensus target price of GBX 268.18 ($3.50).

Shares of BT.A opened at GBX 204.20 ($2.67) on Monday. BT Group – CLASS A has a 52-week low of GBX 224.20 ($2.93) and a 52-week high of GBX 337.05 ($4.40).

In other BT Group – CLASS A news, insider Philip Jansen bought 813 shares of the company’s stock in a transaction on Thursday, March 14th. The stock was purchased at an average cost of GBX 221 ($2.89) per share, for a total transaction of £1,796.73 ($2,347.75). Also, insider Jan du Plessis bought 876 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were acquired at an average price of GBX 205 ($2.68) per share, with a total value of £1,795.80 ($2,346.53). Insiders have acquired a total of 20,189 shares of company stock valued at $4,151,753 over the last 90 days.

About BT Group – CLASS A

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.

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Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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