Equities researchers at Numis Securities Ltd began coverage on shares of BT Group plc (LON:BT.A) in a research report issued on Thursday, July 13th. The firm set a “buy” rating and a GBX 390 ($5.08) price target on the communications services company’s stock.
A number of other research analysts also recently commented on the stock. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 290 ($3.78) target price on shares of BT Group plc in a research report on Wednesday, July 12th. Deutsche Bank AG reaffirmed a “sell” rating and issued a GBX 265 ($3.45) target price on shares of BT Group plc in a research report on Tuesday, July 11th. Macquarie raised shares of BT Group plc to an “outperform” rating and increased their target price for the company from GBX 270 ($3.52) to GBX 330 ($4.30) in a research report on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) set a GBX 340 ($4.43) price objective on shares of BT Group plc and gave the stock a “neutral” rating in a research report on Wednesday, June 21st. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 325 ($4.23) price objective on shares of BT Group plc in a research report on Tuesday, June 20th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 352.75 ($4.59).
In other BT Group plc news, insider Simon Lowth bought 10,536 shares of the business’s stock in a transaction on Wednesday, June 21st. The stock was bought at an average price of GBX 284 ($3.70) per share, for a total transaction of £29,922.24 ($38,966.32). Also, insider Sir Michael Rake bought 593 shares of the business’s stock in a transaction on Monday, May 15th. The shares were acquired at an average price of GBX 303 ($3.95) per share, with a total value of £1,796.79 ($2,339.87). Insiders purchased 111,129 shares of company stock valued at $31,371,903 in the last quarter.
BT Group plc Company Profile
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