Credit Suisse Group Reaffirms “Neutral” Rating for BT Group – CLASS A (BT.A)
Credit Suisse Group reaffirmed their neutral rating on shares of BT Group – CLASS A (LON:BT.A) in a research report sent to investors on Thursday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also commented on the stock. Goldman Sachs Group reduced their target price on shares of BT Group – CLASS A from GBX 320 ($4.18) to GBX 300 ($3.92) and set a buy rating on the stock in a research report on Thursday, April 11th. Deutsche Bank reaffirmed a hold rating on shares of BT Group – CLASS A in a research report on Thursday, January 3rd. UBS Group reaffirmed a neutral rating on shares of BT Group – CLASS A in a research report on Tuesday, March 19th. Jefferies Financial Group raised their target price on shares of BT Group – CLASS A from GBX 265 ($3.46) to GBX 340 ($4.44) and gave the stock a buy rating in a research report on Friday, February 15th. Finally, Barclays reaffirmed an equal weight rating on shares of BT Group – CLASS A in a research report on Friday, February 1st. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 273.75 ($3.58).
Shares of LON:BT.A opened at GBX 229.85 ($3.00) on Thursday. BT Group – CLASS A has a one year low of GBX 224.20 ($2.93) and a one year high of GBX 337.05 ($4.40).
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.
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