Macquarie reiterated their outperform rating on shares of BT Group (LON:BT.A) in a research note released on Wednesday, January 3rd.

Several other equities analysts also recently issued reports on the company. set a GBX 360 ($5.06) target price on BT Group and gave the company a buy rating in a research report on Thursday, September 7th. Credit Suisse Group downgraded BT Group to a neutral rating and cut their target price for the company from GBX 360 ($5.06) to GBX 310 ($4.35) in a research report on Monday, October 9th. Numis Securities reissued a buy rating and issued a GBX 390 ($5.48) target price on shares of BT Group in a research report on Monday, October 30th. Morgan Stanley lowered their price target on shares of BT Group from GBX 350 ($4.92) to GBX 320 ($4.49) and set an equal weight rating on the stock in a report on Wednesday, October 4th. Finally, Jefferies Group lowered their price target on shares of BT Group from GBX 280 ($3.93) to GBX 265 ($3.72) and set a hold rating on the stock in a report on Wednesday, October 25th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. BT Group currently has an average rating of Hold and a consensus target price of GBX 326.56 ($4.59).

Shares of BT Group (BT.A) traded down GBX 2.65 ($0.04) during midday trading on Wednesday, hitting GBX 260.25 ($3.65). The company had a trading volume of 14,240,000 shares, compared to its average volume of 15,500,000. The stock has a market capitalization of $25,820.00 and a price-to-earnings ratio of 1,626.56. BT Group has a 12-month low of GBX 242.20 ($3.40) and a 12-month high of GBX 349.20 ($4.90).

In other news, insider Mike Inglis purchased 1,999 shares of the business’s stock in a transaction dated Wednesday, November 8th. The stock was acquired at an average price of GBX 248 ($3.48) per share, for a total transaction of £4,957.52 ($6,961.83). Also, insider Nicholas (Nick) Rose purchased 100,000 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were purchased at an average price of GBX 251 ($3.52) per share, with a total value of £251,000 ($352,478.58).

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BT Group 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.

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

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