BT Group – CLASS A (BT.A) Given Sector Performer Rating at Royal Bank of Canada

Royal Bank of Canada reissued their sector performer rating on shares of BT Group – CLASS A (LON:BT.A) in a research report sent to investors on Wednesday.

Several other brokerages have also issued reports on BT.A. Jefferies Financial Group boosted their target price on shares of BT Group – CLASS A from GBX 245 ($3.20) to GBX 250 ($3.27) and gave the company a buy rating in a research report on Tuesday, July 24th. Deutsche Bank restated a hold rating and set a GBX 235 ($3.07) target price on shares of BT Group – CLASS A in a research report on Tuesday, July 10th. HSBC boosted their target price on shares of BT Group – CLASS A from GBX 255 ($3.33) to GBX 275 ($3.59) and gave the company a buy rating in a research report on Friday, November 2nd. UBS Group restated a neutral rating on shares of BT Group – CLASS A in a research report on Thursday, September 20th. Finally, JPMorgan Chase & Co. set a GBX 260 ($3.40) price target on shares of BT Group – CLASS A and gave the company a neutral rating in a report on Wednesday, September 19th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 272.67 ($3.56).

LON BT.A traded up GBX 5.75 ($0.08) during trading hours on Wednesday, hitting GBX 255 ($3.33). 47,941,163 shares of the company’s stock traded hands, compared to its average volume of 26,890,000. 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).

In other news, insider Alison Wilcox purchased 53,728 shares of the stock in a transaction on Tuesday, September 4th. The shares were acquired at an average price of GBX 222 ($2.90) per share, with a total value of £119,276.16 ($155,855.43).

BT Group – CLASS A Company Profile

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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