BT Group – CLASS A (LON:BT.A) Receives “Sell” Rating from UBS Group

UBS Group restated their sell rating on shares of BT Group – CLASS A (LON:BT.A) in a research note published on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a GBX 140 ($1.84) price objective on the communications services company’s stock, down from their prior price objective of GBX 165 ($2.17).

A number of other equities analysts have also issued reports on the company. HSBC lowered BT Group – CLASS A to a hold rating and decreased their price objective for the stock from GBX 225 ($2.96) to GBX 185 ($2.43) in a report on Friday, January 31st. Barclays reissued an underweight rating on shares of BT Group – CLASS A in a report on Monday, February 10th. Deutsche Bank decreased their price objective on BT Group – CLASS A from GBX 157 ($2.07) to GBX 146 ($1.92) and set a sell rating for the company in a report on Tuesday, February 4th. Macquarie reissued an outperform rating on shares of BT Group – CLASS A in a report on Friday, October 18th. Finally, Citigroup decreased their price objective on BT Group – CLASS A from GBX 220 ($2.89) to GBX 205 ($2.70) and set a neutral rating for the company in a report on Friday, November 8th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. BT Group – CLASS A has a consensus rating of Hold and an average price target of GBX 220.50 ($2.90).

Shares of BT.A stock opened at GBX 153.54 ($2.02) on Wednesday. BT Group – CLASS A has a 12-month low of GBX 153.80 ($2.02) and a 12-month high of GBX 235.15 ($3.09). The firm has a market capitalization of $15.17 billion and a price-to-earnings ratio of 7.11. The business has a 50 day simple moving average of GBX 176.96 and a 200 day simple moving average of GBX 183.82. The company has a debt-to-equity ratio of 231.66, a current ratio of 1.05 and a quick ratio of 0.93.

In other news, insider Simon Lowth purchased 106,856 shares of the firm’s stock in a transaction on Thursday, December 19th. The stock was purchased at an average cost of GBX 204 ($2.68) per share, with a total value of £217,986.24 ($286,748.54).

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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