BT Group – CLASS A (LON:BT.A) Given “Neutral” Rating at UBS Group

UBS Group restated their neutral rating on shares of BT Group – CLASS A (LON:BT.A) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.

Other research analysts also recently issued research reports about the stock. Societe Generale dropped their price objective on shares of BT Group – CLASS A from GBX 360 ($4.70) to GBX 320 ($4.18) and set a buy rating for the company in a report on Tuesday, May 28th. Jefferies Financial Group dropped their price objective on shares of Kohl’s from $100.00 to $95.00 and set a buy rating for the company in a report on Tuesday, May 21st. Goldman Sachs Group raised shares of Martin Marietta Materials from a neutral rating to a buy rating and increased their price objective for the company from $207.00 to $232.00 in a report on Thursday, April 11th. Numis Securities reissued a buy rating and set a GBX 1,800 ($23.52) price objective on shares of in a report on Monday, June 3rd. Finally, Berenberg Bank reissued a sell rating and set a GBX 600 ($7.84) price objective on shares of Great Portland Estates in a report on Wednesday, May 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 268.33 ($3.51).

Shares of BT Group – CLASS A stock opened at GBX 188.98 ($2.47) on Thursday. The company has a market cap of $18.75 billion and a P/E ratio of 8.75. The company has a debt-to-equity ratio of 165.99, a current ratio of 1.09 and a quick ratio of 0.88. The business has a fifty day moving average price of GBX 199.08. BT Group – CLASS A has a fifty-two week low of GBX 187.22 ($2.45) and a fifty-two week high of GBX 268.60 ($3.51).

In other news, insider Allison Kirkby acquired 25,000 shares of BT Group – CLASS A stock in a transaction that occurred on Friday, June 21st. The shares were bought at an average cost of GBX 203 ($2.65) per share, with a total value of £50,750 ($66,313.86). Also, insider Matthew Key acquired 18,500 shares of BT Group – CLASS A stock in a transaction that occurred on Monday, May 13th. The stock was purchased at an average cost of GBX 205 ($2.68) per share, for a total transaction of £37,925 ($49,555.73). Insiders have bought a total of 1,528,789 shares of company stock worth $308,898,506 over the last 90 days.

BT Group – CLASS A Company Profile

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: Fiduciary

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.