BT Group – CLASS A (LON:BT.A) Receives “Sell” Rating from Deutsche Bank

Deutsche Bank reaffirmed their sell rating on shares of BT Group – CLASS A (LON:BT.A) in a report released on Monday, Stock Target Advisor reports.

A number of other research firms also recently commented on BT.A. DZ Bank dropped their price objective on BT Group – CLASS A from GBX 250 ($3.27) to GBX 230 ($3.01) and set a buy rating on the stock in a report on Monday, August 12th. UBS Group restated a neutral rating on shares of BT Group – CLASS A in a report on Monday, October 28th. Barclays downgraded BT Group – CLASS A to an underweight rating and dropped their price objective for the stock from GBX 240 ($3.14) to GBX 160 ($2.09) in a report on Monday. Berenberg Bank dropped their price objective on BT Group – CLASS A from GBX 240 ($3.14) to GBX 220 ($2.87) and set a hold rating on the stock in a report on Monday, September 30th. Finally, Jefferies Financial Group increased their price objective on BT Group – CLASS A from GBX 325 ($4.25) to GBX 335 ($4.38) and gave the stock a buy rating in a report on Friday, October 25th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the stock. The stock has a consensus rating of Buy and a consensus price target of GBX 244.17 ($3.19).

LON:BT.A traded down GBX 2.38 ($0.03) during mid-day trading on Monday, reaching GBX 190.16 ($2.48). The stock had a trading volume of 15,833,301 shares, compared to its average volume of 26,890,000. The business’s 50 day moving average is GBX 194.26 and its 200 day moving average is GBX 192.22. BT Group – CLASS A has a fifty-two week low of GBX 157.67 ($2.06) and a fifty-two week high of GBX 268 ($3.50). The stock has a market cap of $18.79 billion and a P/E ratio of 7.89. The company has a debt-to-equity ratio of 231.66, a current ratio of 1.05 and a quick ratio of 0.93.

In related news, insider Philip Jansen bought 584,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was purchased at an average price of GBX 171 ($2.23) per share, with a total value of £998,640 ($1,304,900.04).

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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