BT Group – CLASS A (LON:BT.A) Rating Reiterated by UBS Group

BT Group – CLASS A (LON:BT.A)‘s stock had its “neutral” rating reissued by stock analysts at UBS Group in a research report issued to clients and investors on Monday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts have also issued reports on BT.A. JPMorgan Chase & Co. set a GBX 290 ($3.79) price target on shares of BT Group – CLASS A and gave the company a “buy” rating in a report on Friday, August 2nd. Goldman Sachs Group lowered their target price on shares of BT Group – CLASS A from GBX 320 ($4.18) to GBX 300 ($3.92) and set a “buy” rating on the stock in a report on Thursday, April 11th. Jefferies Financial Group lowered their target price on shares of BT Group – CLASS A from GBX 340 ($4.44) to GBX 325 ($4.25) and set a “buy” rating on the stock in a report on Tuesday, May 21st. Barclays reaffirmed an “equal weight” rating on shares of BT Group – CLASS A in a report on Monday. Finally, Numis Securities reiterated a “buy” rating on shares of BT Group – CLASS A in a research report on Monday, June 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 270.50 ($3.53).

Shares of BT Group – CLASS A stock opened at GBX 183.14 ($2.39) on Monday. The company has a market cap of $18.02 billion and a price-to-earnings ratio of 8.48. 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 firm has a fifty day simple moving average of GBX 194.02. BT Group – CLASS A has a 52-week low of GBX 182.24 ($2.38) and a 52-week high of GBX 268.60 ($3.51).

In other BT Group – CLASS A news, insider Jan du Plessis bought 876 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were bought at an average cost of GBX 205 ($2.68) per share, for a total transaction of £1,795.80 ($2,346.53). Also, insider Matthew Key bought 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, for a total transaction of £37,925 ($49,555.73). In the last quarter, insiders have purchased 1,528,789 shares of company stock worth $308,898,506.

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.

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

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