Numis Securities Reiterates “Buy” Rating for BT Group (BTA)

Numis Securities reissued their buy rating on shares of BT Group (LON:BTA) in a research note released on Monday, Digital Look reports. The brokerage currently has a GBX 340 ($4.44) price objective on the stock.

Other analysts have also recently issued reports about the stock. Jefferies Financial Group reissued a buy rating and set a GBX 340 ($4.44) price target on shares of BT Group in a research note on Tuesday, May 7th. Berenberg Bank reissued a buy rating and set a GBX 275 ($3.59) price target on shares of BT Group in a research note on Monday, January 21st. Barclays reissued an equal weight rating and set a GBX 250 ($3.27) price target on shares of BT Group in a research note on Tuesday, January 22nd. Morgan Stanley reissued an equal weight rating and set a GBX 250 ($3.27) price target on shares of BT Group in a research note on Tuesday, April 30th. Finally, Deutsche Bank reissued a hold rating and set a GBX 235 ($3.07) price target on shares of BT Group in a research note on Friday, May 10th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of GBX 280 ($3.66).

The firm also recently disclosed a dividend, which will be paid on Monday, September 9th. Investors of record on Thursday, August 8th will be issued a GBX 10.78 ($0.14) dividend. This is a positive change from BT Group’s previous dividend of $4.62. This represents a yield of 4.92%. The ex-dividend date of this dividend is Thursday, August 8th.

Recommended Story: How is inflation measured?

Analyst Recommendations for BT Group (LON:BTA)

Receive News & Ratings for BT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group and related companies with MarketBeat.com's FREE daily email newsletter.