BT Group plc (LON:BT.A)‘s stock had its “sell” rating restated by investment analysts at Deutsche Bank AG in a report released on Wednesday, August 9th. They presently have a GBX 265 ($3.44) price objective on the communications services company’s stock.
BT.A has been the subject of a number of other research reports. Citigroup Inc. reiterated a “buy” rating on shares of BT Group plc in a research report on Monday, May 15th. Numis Securities Ltd reiterated a “buy” rating and set a GBX 390 ($5.06) price objective on shares of BT Group plc in a research report on Monday, August 7th. Berenberg Bank reduced their price objective on BT Group plc from GBX 400 ($5.19) to GBX 343 ($4.45) and set a “hold” rating for the company in a research report on Friday, May 5th. Morgan Stanley set a GBX 400 ($5.19) price target on BT Group plc and gave the company a “buy” rating in a report on Thursday, May 4th. Finally, Royal Bank Of Canada cut their price target on BT Group plc from GBX 465 ($6.04) to GBX 425 ($5.52) and set an “outperform” rating for the company in a report on Wednesday, April 26th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 352.75 ($4.58).
TRADEMARK VIOLATION WARNING: This article was originally reported by Community Financial News and is the property of of Community Financial News. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The correct version of this article can be accessed at https://www.com-unik.info/2017/08/19/deutsche-bank-ag-reaffirms-sell-rating-for-bt-group-plc-bt-a-updated.html.
In other BT Group plc news, insider Sean Williams sold 18,945 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of GBX 313 ($4.06), for a total transaction of £59,297.85 ($76,980.20). Also, insider Isabel Hudson acquired 3,367 shares of the firm’s stock in a transaction on Friday, August 11th. The shares were bought at an average price of GBX 295 ($3.83) per share, for a total transaction of £9,932.65 ($12,894.52). Over the last 90 days, insiders have acquired 113,903 shares of company stock worth $32,185,489.
About BT Group plc
What are top analysts saying about BT Group plc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for BT Group plc and related companies.