BT Group – CLASS A’s (BT.A) “Sell” Rating Reaffirmed at Deutsche Bank

Deutsche Bank restated their sell rating on shares of BT Group – CLASS A (LON:BT.A) in a report released on Friday morning, ThisIsMoney.Co.Uk reports.

Other equities research analysts also recently issued reports about the stock. Numis Securities reiterated a buy rating on shares of BT Group – CLASS A in a research note on Monday, June 3rd. Societe Generale cut their target price on shares of BT Group – CLASS A from GBX 360 ($4.70) to GBX 320 ($4.18) and set a buy rating for the company in a research note on Tuesday, May 28th. Berenberg Bank cut their target price on shares of BT Group – CLASS A from GBX 260 ($3.40) to GBX 240 ($3.14) and set a hold rating for the company in a research note on Wednesday, May 22nd. Goldman Sachs Group cut their target price on shares of BT Group – CLASS A from GBX 320 ($4.18) to GBX 300 ($3.92) and set a buy rating for the company in a research note on Thursday, April 11th. Finally, Barclays reiterated an equal weight rating on shares of BT Group – CLASS A in a research note on Friday, July 5th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 270.50 ($3.53).

LON:BT.A traded down GBX 7.90 ($0.10) during mid-day trading on Friday, hitting GBX 186.02 ($2.43). The stock had a trading volume of 45,881,097 shares, compared to its average volume of 26,890,000. BT Group – CLASS A has a twelve month low of GBX 185.86 ($2.43) and a twelve month high of GBX 268.60 ($3.51). The firm has a market cap of $18.46 billion and a PE ratio of 8.61. The stock has a 50 day simple moving average of GBX 195.74. The company has a debt-to-equity ratio of 165.99, a quick ratio of 0.88 and a current ratio of 1.09.

In related news, insider Matthew Key acquired 18,500 shares of the business’s stock in a transaction on Monday, May 13th. The stock was purchased at an average cost of GBX 205 ($2.68) per share, for a total transaction of £37,925 ($49,555.73). Also, insider Jan du Plessis acquired 876 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were bought at an average price of GBX 205 ($2.68) per share, with a total value of £1,795.80 ($2,346.53). Insiders have acquired 1,528,789 shares of company stock valued at $308,898,506 over the last 90 days.

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

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