BT Group (LON:BTA) Given Average Rating of “Hold” by Analysts

BT Group (LON:BTA) has been assigned a consensus recommendation of “Hold” from the nine analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 256.25 ($3.35).

Several analysts recently weighed in on BTA shares. Jefferies Financial Group reissued a “buy” rating and issued a GBX 335 ($4.38) price objective on shares of BT Group in a report on Thursday, October 31st. Berenberg Bank decreased their price objective on shares of BT Group from GBX 240 ($3.14) to GBX 220 ($2.87) and set a “hold” rating for the company in a report on Friday, September 27th. JPMorgan Chase & Co. lowered their target price on shares of BT Group from GBX 290 ($3.79) to GBX 260 ($3.40) and set an “overweight” rating for the company in a research note on Friday, November 1st. Credit Suisse Group reissued an “outperform” rating on shares of BT Group in a report on Friday, September 13th. Finally, Barclays restated an “equal weight” rating and issued a GBX 240 ($3.14) price target on shares of BT Group in a research report on Wednesday, October 16th.

The business also recently declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Tuesday, December 24th will be given a dividend of GBX 4.62 ($0.06) per share. This represents a dividend yield of 2.26%. The ex-dividend date of this dividend is Tuesday, December 24th.

BT Group Company Profile

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Analyst Recommendations for BT Group (LON:BTA)

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