BT Group (LON:BT.A)‘s stock had its “sell” rating reaffirmed by equities research analysts at Deutsche Bank in a report released on Thursday. They currently have a GBX 248 ($3.34) price objective on the communications services company’s stock. Deutsche Bank’s price target suggests a potential downside of 7.64% from the company’s current price.
BT.A has been the subject of several other reports. Credit Suisse Group cut BT Group to a “neutral” rating and reduced their price target for the company from GBX 360 ($4.85) to GBX 310 ($4.17) in a research report on Monday, October 9th. Royal Bank of Canada reiterated an “outperform” rating and set a GBX 410 ($5.52) price target on shares of BT Group in a research report on Wednesday, December 6th. set a GBX 360 ($4.85) price target on BT Group and gave the company a “buy” rating in a research report on Thursday, September 7th. Jefferies Group cut their price objective on BT Group from GBX 280 ($3.77) to GBX 265 ($3.57) and set a “hold” rating for the company in a research report on Wednesday, October 25th. Finally, Barclays set a GBX 420 ($5.65) price objective on BT Group and gave the company a “buy” rating in a research report on Wednesday, November 8th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 330.16 ($4.44).
BT Group (BT.A) opened at GBX 268.50 ($3.61) on Thursday. BT Group has a 12-month low of GBX 242.20 ($3.26) and a 12-month high of GBX 400.70 ($5.39).
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