Analysts Set BT Group – CLASS A (BT.A) Target Price at $271.11

Shares of BT Group – CLASS A (LON:BT.A) have been given a consensus rating of “Hold” by the fifteen research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 271.11 ($3.54).

Several research firms have weighed in on BT.A. UBS Group restated a “neutral” rating on shares of BT Group – CLASS A in a report on Tuesday, November 6th. Barclays dropped their target price on shares of BT Group – CLASS A from GBX 260 ($3.40) to GBX 250 ($3.27) and set an “equal weight” rating for the company in a report on Monday, December 17th. Goldman Sachs Group upgraded shares of BT Group – CLASS A to a “buy” rating and raised their target price for the company from GBX 240 ($3.14) to GBX 320 ($4.18) in a report on Tuesday, December 4th. Deutsche Bank restated a “hold” rating on shares of BT Group – CLASS A in a report on Thursday, September 20th. Finally, Sanford C. Bernstein raised their target price on shares of BT Group – CLASS A from GBX 225 ($2.94) to GBX 255 ($3.33) and gave the company a “market perform” rating in a report on Friday, November 2nd.

In other news, insider Matthew Key purchased 31,000 shares of the firm’s stock in a transaction on Monday, December 10th. The shares were bought at an average cost of GBX 252 ($3.29) per share, with a total value of £78,120 ($102,077.62).

LON:BT.A traded down GBX 2.15 ($0.03) during mid-day trading on Friday, hitting GBX 227.80 ($2.98). 18,315,624 shares of the company’s stock traded hands, compared to its average volume of 26,890,000. BT Group – CLASS A has a 1 year low of GBX 224.20 ($2.93) and a 1 year high of GBX 337.05 ($4.40).

BT Group – CLASS A Company Profile

BT Group plc is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well as managed networked information technology (IT) solutions and cyber security protection. Its segments include Consumer, which provides fixed-voice, broadband, TV and mobile services; EE, which is a mobile network operator in the United Kingdom and provides mobile and fixed communications services to consumers; Business and Public Sector, which provides communications and IT services to businesses and the public sector in the United Kingdom and the Republic of Ireland (RoI) ;Global Services, which provides managed networked IT services to corporate customers; Wholesale and Ventures, which provides fixed and mobile services to communications providers (CPs); and Openreach, which provides copper and fiber connections between its exchanges and homes and businesses.

Further Reading: What is intrinsic value?

Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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