BT Group – CLASS A (LON:BT.A) Stock Rating Reaffirmed by Jefferies Financial Group

Jefferies Financial Group reiterated their buy rating on shares of BT Group – CLASS A (LON:BT.A) in a research note issued to investors on Wednesday morning, ThisIsMoney.Co.Uk reports.

A number of other analysts have also recently weighed in on the stock. Numis Securities restated a buy rating on shares of BT Group – CLASS A in a research note on Monday, June 3rd. Credit Suisse Group set a GBX 280 ($3.66) price objective on shares of BT Group – CLASS A and gave the stock a buy rating in a research note on Wednesday, July 10th. Berenberg Bank reduced their price objective 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. Societe Generale reduced their price objective 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. Finally, UBS Group restated a neutral rating on shares of BT Group – CLASS A in a research note on Monday, August 5th. One analyst has rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus price target of GBX 266.82 ($3.49).

LON BT.A opened at GBX 164.02 ($2.14) on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.09 and a debt-to-equity ratio of 165.99. The stock has a market capitalization of $16.21 billion and a PE ratio of 7.59. The company has a 50 day moving average price of GBX 188.17 and a two-hundred day moving average price of GBX 210.13. 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).

In other news, insider Philip Jansen bought 1,484,413 shares of the stock in a transaction dated Thursday, June 6th. The shares were acquired at an average price of GBX 202 ($2.64) per share, with a total value of £2,998,514.26 ($3,918,089.98). Also, insider Alison Wilcox sold 2,629 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was 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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Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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