BT Group – CLASS A (BT.A) Given New GBX 217 Price Target at Deutsche Bank

BT Group – CLASS A (LON:BT.A) had its price target reduced by Deutsche Bank from GBX 235 ($3.07) to GBX 217 ($2.84) in a research report sent to investors on Thursday, ThisIsMoney.Co.Uk reports. They currently have a hold rating on the communications services company’s stock.

Several other research analysts have also recently issued reports on the company. Berenberg Bank cut their target price on BT Group – CLASS A from GBX 260 ($3.40) to GBX 240 ($3.14) and set a hold rating on the stock in a research report on Wednesday, May 22nd. Jefferies Financial Group cut their target price on BT Group – CLASS A from GBX 340 ($4.44) to GBX 325 ($4.25) and set a buy rating on the stock in a research report on Tuesday, May 21st. Numis Securities reaffirmed a buy rating on shares of BT Group – CLASS A in a research report on Monday, May 20th. UBS Group reissued a neutral rating on shares of BT Group – CLASS A in a research report on Friday, May 10th. Finally, Barclays cut their price objective on BT Group – CLASS A from GBX 250 ($3.27) to GBX 240 ($3.14) and set an equal weight rating on the stock in a research report on Friday, May 10th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of GBX 263.36 ($3.44).

Shares of LON:BT.A opened at GBX 196.26 ($2.56) on Thursday. BT Group – CLASS A has a 12-month low of GBX 224.20 ($2.93) and a 12-month high of GBX 337.05 ($4.40).

In other BT Group – CLASS A news, insider Matthew Key acquired 18,500 shares of the business’s stock in a transaction on Monday, May 13th. The shares were acquired at an average price of GBX 205 ($2.68) per share, with a total value of £37,925 ($49,555.73). Also, insider Jan du Plessis acquired 876 shares of the business’s stock in a transaction on Thursday, May 16th. The stock was acquired at an average cost of GBX 205 ($2.68) per share, for a total transaction of £1,795.80 ($2,346.53). In the last three months, insiders acquired 20,189 shares of company stock worth $4,151,753.

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.

Recommended Story: Average Daily Trade Volume – What You Need to Know

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

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