Barclays Lowers BT Group (BTA) Price Target to GBX 250

BT Group (LON:BTA) had its target price reduced by Barclays from GBX 260 ($3.40) to GBX 250 ($3.27) in a report issued on Monday. The firm presently has an “equal weight” rating on the stock.

A number of other brokerages have also commented on BTA. Berenberg Bank reiterated a “buy” rating and issued a GBX 270 ($3.53) price objective on shares of BT Group in a research report on Thursday, November 22nd. Macquarie reiterated an “outperform” rating and issued a GBX 355 ($4.64) price objective on shares of BT Group in a research report on Friday, November 9th. Royal Bank of Canada reiterated a “sector perform” rating and issued a GBX 275 ($3.59) price objective on shares of BT Group in a research report on Wednesday, November 7th. Numis Securities reiterated a “buy” rating and issued a GBX 340 ($4.44) price objective on shares of BT Group in a research report on Monday, November 5th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 265 ($3.46) price objective on shares of BT Group in a research report on Tuesday, October 30th. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. BT Group currently has an average rating of “Hold” and an average price target of GBX 272.50 ($3.56).

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Analyst Recommendations for BT Group (LON:BTA)

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