BT Group – CLASS A (LON:BT.A) had its target price decreased by DZ Bank from GBX 250 ($3.27) to GBX 230 ($3.01) in a research note published on Monday, ThisIsMoney.Co.Uk reports. DZ Bank currently has a buy rating on the communications services company’s stock.
A number of other research firms have also recently issued reports on BT.A. Jefferies Financial Group cut their target price on BT Group – CLASS A from GBX 340 ($4.44) to GBX 325 ($4.25) and set a buy rating on the stock in a research note on Tuesday, May 21st. Berenberg Bank cut their target price on BT Group – CLASS A from GBX 260 ($3.40) to GBX 240 ($3.14) and set a hold rating on the stock in a research note on Wednesday, May 22nd. Deutsche Bank reiterated a sell rating on shares of BT Group – CLASS A in a research note on Thursday, August 8th. Societe Generale cut their target price on BT Group – CLASS A from GBX 360 ($4.70) to GBX 320 ($4.18) and set a buy rating on the stock in a research note on Tuesday, May 28th. Finally, JPMorgan Chase & Co. set a GBX 290 ($3.79) target price on BT Group – CLASS A and gave the company a buy rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of GBX 266.82 ($3.49).
Shares of BT.A opened at GBX 164.38 ($2.15) on Monday. The company has a debt-to-equity ratio of 165.99, a current ratio of 1.09 and a quick ratio of 0.88. The stock has a market capitalization of $16.24 billion and a PE ratio of 7.61. BT Group – CLASS A has a 12-month low of GBX 171.20 ($2.24) and a 12-month high of GBX 268.60 ($3.51). The business’s fifty day moving average price is GBX 188.86 and its 200 day moving average price is GBX 210.37.
In related news, insider Allison Kirkby acquired 25,000 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The shares were acquired at an average cost of GBX 203 ($2.65) per share, for a total transaction of £50,750 ($66,313.86). Also, insider Alison Wilcox sold 2,629 shares of BT Group – CLASS A stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of GBX 181 ($2.37), for a total transaction of £4,758.49 ($6,217.81).
BT Group – CLASS A Company Profile
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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