BT Group – CLASS A (BT.A) Given Average Rating of “Hold” by Brokerages

Shares of BT Group – CLASS A (LON:BT.A) have been assigned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, twelve have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 271.82 ($3.55).

Several research firms have commented on BT.A. Barclays reaffirmed an “equal weight” rating on shares of BT Group – CLASS A in a research note on Wednesday, July 25th. Numis Securities reaffirmed a “buy” rating on shares of BT Group – CLASS A in a research note on Monday, July 2nd. Deutsche Bank reaffirmed 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. UBS Group reaffirmed a “neutral” rating on shares of BT Group – CLASS A in a research note on Friday. Finally, 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.

LON BT.A opened at GBX 229.60 ($3.00) on Friday. BT Group – CLASS A has a 52 week low of GBX 224.20 ($2.93) and a 52 week high of GBX 337.05 ($4.40).



In other news, insider Alison Wilcox acquired 53,728 shares of the firm’s stock in a transaction that occurred on Tuesday, September 4th. The stock was purchased at an average cost of GBX 222 ($2.90) per share, for a total transaction of £119,276.16 ($155,855.43). Also, insider Gavin Patterson sold 44,372 shares of BT Group – CLASS A stock in a transaction dated 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).

About BT Group – CLASS A

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.

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

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