BT Group – CLASS A Common Stock (BT.A) Receives “Buy” Rating from Numis Securities
BT Group – CLASS A Common Stock (LON:BT.A)‘s stock had its “buy” rating reissued by Numis Securities in a research report issued to clients and investors on Wednesday, July 18th.
Other research analysts also recently issued research reports about the stock. Credit Suisse Group dropped their price objective on shares of BT Group – CLASS A Common Stock from GBX 280 ($3.62) to GBX 235 ($3.04) and set a “neutral” rating for the company in a report on Thursday, July 12th. Sanford C. Bernstein downgraded shares of BT Group – CLASS A Common Stock to a “market perform” rating and dropped their price objective for the company from GBX 305 ($3.95) to GBX 215 ($2.78) in a report on Wednesday, May 16th. Barclays reissued an “equal weight” rating on shares of BT Group – CLASS A Common Stock in a report on Wednesday, July 11th. Jefferies Financial Group raised shares of BT Group – CLASS A Common Stock to a “buy” rating and increased their price objective for the company from GBX 215 ($2.78) to GBX 245 ($3.17) in a report on Wednesday, June 20th. Finally, Deutsche Bank reaffirmed a “hold” rating on shares of BT Group – CLASS A Common Stock in a report on Friday, May 11th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 281.94 ($3.65).
BT.A stock traded down GBX 4.05 ($0.05) during trading on Wednesday, reaching GBX 224.95 ($2.91). The company’s stock had a trading volume of 84,423,389 shares, compared to its average volume of 26,890,000. BT Group – CLASS A Common Stock has a 1 year low of GBX 224.20 ($2.90) and a 1 year high of GBX 337.05 ($4.36).
About BT Group – CLASS A Common Stock
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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