Brokerages Set BT Group – CLASS A (BT.A) Price Target at $271.11

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Shares of BT Group – CLASS A (LON:BT.A) have been assigned an average rating of “Hold” from the fifteen ratings firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 271.11 ($3.54).

Several equities research analysts have issued reports on the company. Deutsche Bank restated a “hold” rating on shares of BT Group – CLASS A in a report on Thursday, January 3rd. Barclays decreased their target price on BT Group – CLASS A from GBX 260 ($3.40) to GBX 250 ($3.27) and set an “equal weight” rating for the company in a research report on Monday, December 17th. Goldman Sachs Group upgraded BT Group – CLASS A to a “buy” rating and lifted their target price for the stock from GBX 240 ($3.14) to GBX 320 ($4.18) in a research report on Tuesday, December 4th. Royal Bank of Canada reiterated a “sector performer” rating on shares of BT Group – CLASS A in a research report on Wednesday, November 7th. Finally, UBS Group reiterated a “neutral” rating on shares of BT Group – CLASS A in a research report on Tuesday, November 6th.

In related news, insider Matthew Key acquired 31,000 shares of BT Group – CLASS A stock in a transaction that occurred on Monday, December 10th. The stock was acquired at an average price of GBX 252 ($3.29) per share, for a total transaction of £78,120 ($102,077.62).

BT.A stock opened at GBX 230.75 ($3.02) on Friday. BT Group – CLASS A has a 52-week low of GBX 224.20 ($2.93) and a 52-week high of GBX 337.05 ($4.40).

About BT Group – CLASS A

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

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