BT Group plc (LON:BT.A)‘s stock had its “hold” rating restated by research analysts at Jefferies Group LLC in a report issued on Thursday, May 4th. They presently have a GBX 325 ($4.20) price target on the communications services company’s stock.
Several other analysts have also recently weighed in on the stock. Deutsche Bank AG reaffirmed a “sell” rating and issued a GBX 275 ($3.55) target price on shares of BT Group plc in a report on Friday, April 28th. Royal Bank of Canada reduced their target price on shares of BT Group plc from GBX 465 ($6.00) to GBX 425 ($5.49) and set an “outperform” rating on the stock in a report on Wednesday, April 26th. Goldman Sachs Group Inc dropped their price target on shares of BT Group plc from GBX 360 ($4.65) to GBX 350 ($4.52) and set a “neutral” rating on the stock in a research note on Tuesday, April 25th. Credit Suisse Group AG reiterated a “neutral” rating and issued a GBX 340 ($4.39) price target on shares of BT Group plc in a research note on Friday, April 21st. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 330 ($4.26) price target on shares of BT Group plc in a research note on Friday, April 21st. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. BT Group plc presently has an average rating of “Hold” and an average price target of GBX 370.95 ($4.79).
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In other BT Group plc news, insider Sir Michael Rake purchased 593 shares of the stock in a transaction on Monday, May 15th. The stock was bought at an average price of GBX 303 ($3.91) per share, for a total transaction of £1,796.79 ($2,319.34).
About BT Group plc
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