BT Group (BTA) Given New GBX 260 Price Target at Barclays

BT Group (LON:BTA) had its price target lifted by Barclays from GBX 250 ($3.27) to GBX 260 ($3.40) in a report released on Friday morning. Barclays currently has an equal weight rating on the stock.

Several other brokerages also recently commented on BTA. Royal Bank of Canada reaffirmed a sector perform rating and set a GBX 275 ($3.59) target price on shares of BT Group in a report on Wednesday. Deutsche Bank reaffirmed a hold rating on shares of BT Group in a report on Monday, August 6th. Numis Securities reaffirmed a buy rating and set a GBX 340 ($4.44) target price on shares of BT Group in a report on Monday, November 5th. Morgan Stanley reaffirmed an equal weight rating and set a GBX 240 ($3.14) target price on shares of BT Group in a report on Tuesday, October 9th. Finally, Jefferies Financial Group reaffirmed a buy rating and set a GBX 265 ($3.46) target price on shares of BT Group in a report on Tuesday, October 30th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of Buy and an average target price of GBX 284.50 ($3.72).

The business also recently announced a dividend, which will be paid on Monday, February 4th. Investors of record on Thursday, December 27th will be issued a dividend of GBX 4.62 ($0.06) per share. This represents a dividend yield of 1.78%. The ex-dividend date is Thursday, December 27th.

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Analyst Recommendations for BT Group (LON:BTA)

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