BT Group (BTA) Rating Reiterated by Berenberg Bank

Berenberg Bank reissued their buy rating on shares of BT Group (LON:BTA) in a report issued on Thursday. Berenberg Bank currently has a GBX 270 ($3.53) target price on the stock.

Several other research firms have also commented on BTA. Macquarie restated an outperform rating and issued a GBX 355 ($4.64) price target on shares of BT Group in a report on Friday, November 9th. Barclays increased their price objective on shares of BT Group from GBX 250 ($3.27) to GBX 260 ($3.40) and gave the company an equal weight rating in a research report on Friday, November 9th. Royal Bank of Canada reaffirmed 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 reaffirmed 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 reaffirmed 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. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of GBX 280.50 ($3.67).

The company also recently disclosed a dividend, which will be paid on Monday, February 4th. Shareholders of record on Thursday, December 27th will be given a GBX 4.62 ($0.06) dividend. This represents a yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 27th.

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Analyst Recommendations for BT Group (LON:BTA)

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