BT Group – CLASS A (BT.A) Receives Neutral Rating from UBS Group

UBS Group reiterated their neutral rating on shares of BT Group – CLASS A (LON:BT.A) in a research report sent to investors on Friday morning, investing.thisismoney.co.uk reports.

Other equities research analysts have also issued research reports about the stock. Numis Securities reaffirmed a buy rating on shares of BT Group – CLASS A in a research note on Tuesday, July 24th. Royal Bank of Canada lowered shares of BT Group – CLASS A to a sector performer rating and dropped their price objective for the stock from GBX 385 ($5.03) to GBX 275 ($3.59) in a research note on Wednesday, July 25th. Cfra set a GBX 240 ($3.14) price objective on shares of BT Group – CLASS A and gave the stock a neutral rating in a research note on Monday, July 30th. Deutsche Bank reissued a hold rating and set a GBX 235 ($3.07) price objective on shares of BT Group – CLASS A in a research note on Tuesday, July 10th. Finally, JPMorgan Chase & Co. set a GBX 260 ($3.40) price objective on shares of BT Group – CLASS A and gave the stock a neutral rating in a research note on Wednesday, September 19th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 273.13 ($3.57).

Shares of BT.A traded down GBX 10.95 ($0.14) during trading hours on Friday, reaching GBX 229.60 ($3.00). 49,913,657 shares of the company traded hands, compared to its average volume of 26,890,000. 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 news, insider Gavin Patterson sold 44,372 shares of the company’s stock in a transaction that occurred on Wednesday, August 1st. The shares were sold at an average price of GBX 230 ($3.01), for a total value of £102,055.60 ($133,353.72). Also, insider Alison Wilcox bought 53,728 shares of the company’s stock in a transaction dated Tuesday, September 4th. The stock was purchased at an average price of GBX 222 ($2.90) per share, for a total transaction of £119,276.16 ($155,855.43).

BT Group – CLASS A Company Profile

BT Group plc is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well as managed networked information technology (IT) solutions and cyber security protection. Its segments include Consumer, which provides fixed-voice, broadband, TV and mobile services; EE, which is a mobile network operator in the United Kingdom and provides mobile and fixed communications services to consumers; Business and Public Sector, which provides communications and IT services to businesses and the public sector in the United Kingdom and the Republic of Ireland (RoI) ;Global Services, which provides managed networked IT services to corporate customers; Wholesale and Ventures, which provides fixed and mobile services to communications providers (CPs); and Openreach, which provides copper and fiber connections between its exchanges and homes and businesses.

Further Reading: Why investors pay attention to retained earnings

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

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