Deutsche Bank Reaffirms “Sell” Rating for BT Group – CLASS A (LON:BT.A)

Deutsche Bank reissued their sell rating on shares of BT Group – CLASS A (LON:BT.A) in a research note released on Monday, Stock Target Advisor reports.

BT.A has been the topic of a number of other research reports. JPMorgan Chase & Co. reduced their price target on BT Group – CLASS A from GBX 290 ($3.79) to GBX 260 ($3.40) and set an overweight rating on the stock in a report on Monday, November 4th. Credit Suisse Group restated an outperform rating on shares of BT Group – CLASS A in a report on Friday, September 6th. Macquarie reaffirmed an outperform rating on shares of BT Group – CLASS A in a research report on Friday, October 18th. Jefferies Financial Group lifted their price objective on BT Group – CLASS A from GBX 325 ($4.25) to GBX 335 ($4.38) and gave the company a buy rating in a research report on Friday, October 25th. Finally, Berenberg Bank cut their price objective on BT Group – CLASS A from GBX 240 ($3.14) to GBX 220 ($2.87) and set a hold rating on the stock in a research report on Monday, September 30th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the stock. The stock has an average rating of Buy and an average price target of GBX 244.17 ($3.19).

Shares of LON:BT.A opened at GBX 187.32 ($2.45) on Monday. BT Group – CLASS A has a 1 year low of GBX 157.67 ($2.06) and a 1 year high of GBX 268 ($3.50). The company has a market cap of $18.51 billion and a PE ratio of 7.77. The company has a debt-to-equity ratio of 231.66, a current ratio of 1.05 and a quick ratio of 0.93. The stock’s 50-day moving average is GBX 194.90 and its 200 day moving average is GBX 191.63.

In other news, insider Philip Jansen acquired 584,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were acquired at an average cost of GBX 171 ($2.23) per share, with a total value of £998,640 ($1,304,900.04).

About BT Group – CLASS A

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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