BT Group (BT.A) Trading Down 0.7%

Shares of BT Group plc (LON:BT.A) fell 0.7% during trading on Wednesday . The company traded as low as GBX 267.75 ($3.60) and last traded at GBX 268.23 ($3.61). 18,750,000 shares were traded during mid-day trading, a decline of 16% from the average session volume of 22,270,000 shares. The stock had previously closed at GBX 270.15 ($3.64).

A number of analysts have commented on the company. Deutsche Bank reissued a “sell” rating and set a GBX 265 ($3.57) price objective on shares of BT Group in a report on Thursday, August 24th. Royal Bank of Canada reissued an “outperform” rating and set a GBX 410 ($5.52) price objective on shares of BT Group in a report on Wednesday, December 6th. Goldman Sachs Group reissued a “neutral” rating and set a GBX 340 ($4.58) price objective on shares of BT Group in a report on Monday, September 18th. Numis Securities reissued a “buy” rating and set a GBX 390 ($5.25) price objective on shares of BT Group in a report on Friday, September 22nd. Finally, Morgan Stanley set a GBX 290 ($3.90) price objective on BT Group and gave the stock a “neutral” rating in a report on Thursday, November 30th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the stock. BT Group currently has a consensus rating of “Hold” and a consensus target price of GBX 329.63 ($4.44).

In related news, insider Mike Inglis purchased 1,999 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was acquired at an average cost of GBX 248 ($3.34) per share, for a total transaction of £4,957.52 ($6,672.30). Also, insider Nicholas (Nick) Rose purchased 100,000 shares of the company’s stock in a transaction on Monday, November 6th. The shares were bought at an average price of GBX 251 ($3.38) per share, with a total value of £251,000 ($337,819.65).

WARNING: “BT Group (BT.A) Trading Down 0.7%” was published by Community Financial News and is owned by of Community Financial News. If you are accessing this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this news story can be accessed at https://www.com-unik.info/2017/12/15/bt-group-bt-a-trading-down-0-7.html.

BT Group Company Profile

Receive News & Ratings for BT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit