Goldman Sachs Group, Inc. (The) set a GBX 490 ($5.96) price target on BT Group plc (LON:BT.A) in a research note released on Tuesday morning. The brokerage currently has a buy rating on the communications services company’s stock.
Several other research firms also recently commented on BT.A. BNP Paribas restated a neutral rating and set a GBX 395 ($4.80) target price on shares of BT Group plc in a research report on Wednesday, October 19th. J P Morgan Chase & Co restated a neutral rating on shares of BT Group plc in a research report on Tuesday, November 22nd. Deutsche Bank AG cut their target price on BT Group plc from GBX 370 ($4.50) to GBX 345 ($4.20) and set a sell rating for the company in a research report on Wednesday, October 19th. Haitong Bank restated a buy rating and set a GBX 560 ($6.81) target price on shares of BT Group plc in a research report on Thursday, October 27th. Finally, Jefferies Group restated a hold rating and set a GBX 400 ($4.86) target price on shares of BT Group plc in a research report on Tuesday, November 22nd. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. BT Group plc has an average rating of Hold and a consensus target price of GBX 460.29 ($5.60).
The firm also recently declared a dividend, which will be paid on Monday, February 6th. Shareholders of record on Thursday, December 29th will be given a dividend of GBX 4.85 ($0.06) per share. This represents a yield of 1.28%. The ex-dividend date is Thursday, December 29th.
In other BT Group plc news, insider Mike Inglis purchased 1,400 shares of the stock in a transaction on Wednesday, November 9th. The shares were purchased at an average price of GBX 354 ($4.30) per share, with a total value of £4,956 ($6,027.00).
About BT Group plc
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