BT Group – CLASS A’s (BT.A) “Neutral” Rating Reiterated at UBS Group

UBS Group reissued their neutral rating on shares of BT Group – CLASS A (LON:BT.A) in a research note released on Friday morning, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 165 ($2.16) target price on the communications services company’s stock, down from their previous target price of GBX 240 ($3.14).

A number of other equities research analysts have also recently commented on the stock. DZ Bank cut their price target on shares of BT Group – CLASS A from GBX 250 ($3.27) to GBX 230 ($3.01) and set a buy rating on the stock in a report on Monday, August 12th. JPMorgan Chase & Co. set a GBX 290 ($3.79) price target on shares of BT Group – CLASS A and gave the company a buy rating in a report on Friday, August 2nd. Credit Suisse Group set a GBX 280 ($3.66) price target on shares of BT Group – CLASS A and gave the company a buy rating in a report on Wednesday, July 10th. Berenberg Bank cut their price target on shares of BT Group – CLASS A from GBX 260 ($3.40) to GBX 240 ($3.14) and set a hold rating on the stock in a report on Wednesday, May 22nd. Finally, Goldman Sachs Group reiterated a buy rating on shares of BT Group – CLASS A in a report on Tuesday, August 13th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock has an average rating of Buy and a consensus target price of GBX 258.33 ($3.38).

LON:BT.A opened at GBX 158.94 ($2.08) on Friday. The company’s 50 day moving average price is GBX 183.33 and its 200-day moving average price is GBX 208.07. BT Group – CLASS A has a 52 week low of GBX 160.92 ($2.10) and a 52 week high of GBX 268.60 ($3.51). The company has a quick ratio of 0.88, a current ratio of 1.09 and a debt-to-equity ratio of 165.99. The stock has a market cap of $15.71 billion and a price-to-earnings ratio of 7.36.

In related news, insider Allison Kirkby bought 25,000 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The shares were bought at an average price of GBX 203 ($2.65) per share, for a total transaction of £50,750 ($66,313.86). Also, insider Philip Jansen bought 1,484,413 shares of the company’s stock in a transaction that occurred on Thursday, June 6th. The stock was bought at an average price of GBX 202 ($2.64) per share, for a total transaction of £2,998,514.26 ($3,918,089.98).

BT Group – CLASS A Company Profile

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.

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Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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