Jefferies Group LLC reaffirmed their hold rating on shares of BT Group plc (LON:BT.A) in a report published on Friday, April 21st. The brokerage currently has a GBX 325 ($4.20) target price on the communications services company’s stock.
Several other analysts have also commented on the company. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 330 ($4.26) target price on shares of BT Group plc in a report on Friday, April 21st. HSBC Holdings plc dropped their target price on BT Group plc from GBX 420 ($5.42) to GBX 370 ($4.78) and set a buy rating on the stock in a report on Friday, April 21st. Morgan Stanley set a GBX 400 ($5.16) target price on BT Group plc and gave the stock a buy rating in a report on Monday, April 3rd. Goldman Sachs Group Inc set a GBX 360 ($4.65) target price on BT Group plc and gave the stock a neutral rating in a report on Monday, April 3rd. Finally, Barclays PLC reaffirmed an overweight rating and set a GBX 475 ($6.13) target price on shares of BT Group plc in a report on Monday, April 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company’s stock. BT Group plc has a consensus rating of Hold and a consensus price target of GBX 370.95 ($4.79).
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In other BT Group plc news, insider Sir Michael Rake bought 593 shares of the business’s stock in a transaction dated Monday, May 15th. The stock was acquired at an average cost of GBX 303 ($3.91) per share, with a total value of £1,796.79 ($2,319.34).
About BT Group plc
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