A number of other equities research analysts have also recently commented on BT.A. Societe Generale reduced their price objective on BT Group – CLASS A from GBX 320 ($4.21) to GBX 305 ($4.01) and set a buy rating for the company in a research note on Friday, November 22nd. Jefferies Financial Group set a GBX 330 ($4.34) price objective on BT Group – CLASS A and gave the company a buy rating in a research note on Tuesday, December 17th. HSBC cut BT Group – CLASS A to a hold rating and reduced their price objective for the company from GBX 225 ($2.96) to GBX 185 ($2.43) in a research note on Friday, January 31st. UBS Group reissued a sell rating on shares of BT Group – CLASS A in a research note on Monday, January 27th. Finally, JPMorgan Chase & Co. reduced their price objective on BT Group – CLASS A from GBX 260 ($3.42) to GBX 240 ($3.16) and set an overweight rating for the company in a research note on Monday, February 3rd. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of Hold and an average target price of GBX 220.50 ($2.90).
Shares of BT Group – CLASS A stock opened at GBX 152.66 ($2.01) on Monday. The company has a debt-to-equity ratio of 231.66, a quick ratio of 0.93 and a current ratio of 1.05. BT Group – CLASS A has a 52 week low of GBX 153.80 ($2.02) and a 52 week high of GBX 235.15 ($3.09). The stock has a 50 day moving average price of GBX 177.81 and a two-hundred day moving average price of GBX 183.99. The stock has a market capitalization of $15.12 billion and a PE ratio of 7.07.
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.
Further Reading: Guidelines for Successful Channel Trading
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