BT Group plc (NYSE:BT) Receives Consensus Recommendation of “Hold” from Analysts

BT Group plc (NYSE:BT) has received a consensus rating of “Hold” from the eleven analysts that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and four have issued a buy recommendation on the company.

Separately, Barclays lowered shares of BT Group from an “equal weight” rating to an “underweight” rating in a research report on Monday.

BT Group has a 12 month low of $9.53 and a 12 month high of $17.33. The firm has a 50-day moving average price of $9.68 and a two-hundred day moving average price of $11.32. The company has a quick ratio of 1.05, a current ratio of 1.09 and a debt-to-equity ratio of 1.45. The firm has a market cap of $15.12 billion, a price-to-earnings ratio of 8.32, a PEG ratio of 1.73 and a beta of 0.74.

A number of hedge funds and other institutional investors have recently bought and sold shares of BT. Tower Research Capital LLC TRC acquired a new stake in BT Group in the 2nd quarter worth $34,000. Assetmark Inc. acquired a new stake in BT Group in the 2nd quarter worth $41,000. Quadrant Capital Group LLC grew its position in BT Group by 313.9% in the 3rd quarter. Quadrant Capital Group LLC now owns 4,487 shares of the utilities provider’s stock worth $44,000 after purchasing an additional 3,403 shares during the last quarter. Lindbrook Capital LLC grew its position in BT Group by 78.1% in the 3rd quarter. Lindbrook Capital LLC now owns 4,124 shares of the utilities provider’s stock worth $45,000 after purchasing an additional 1,809 shares during the last quarter. Finally, Mcmillion Capital Management Inc. acquired a new stake in BT Group in the 2nd quarter worth $46,000. Institutional investors own 1.11% of the company’s stock.

BT Group 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 (NYSE:BT)

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