BT Group plc (LON:BT.A)‘s stock had its “buy” rating reissued by investment analysts at Citigroup Inc. in a note issued to investors on Monday, May 15th.
A number of other analysts have also weighed in on the stock. Morgan Stanley set a GBX 400 ($5.06) target price on shares of BT Group plc and gave the company a “buy” rating in a research report on Tuesday, March 21st. Goldman Sachs Group, Inc. (The) set a GBX 360 ($4.55) price target on shares of BT Group plc and gave the stock a “neutral” rating in a report on Tuesday, March 28th. HSBC Holdings plc reiterated a “buy” rating and set a GBX 425 ($5.38) price target on shares of BT Group plc in a report on Tuesday, February 7th. Deutsche Bank AG reiterated a “sell” rating and set a GBX 275 ($3.48) price target on shares of BT Group plc in a report on Tuesday, March 28th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 330 ($4.17) price target on shares of BT Group plc in a report on Monday, March 27th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. BT Group plc currently has an average rating of “Hold” and a consensus target price of GBX 360.79 ($4.56).
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In other BT Group plc news, insider Sir Michael Rake bought 593 shares of the firm’s stock in a transaction dated Monday, May 15th. The stock was bought at an average cost of GBX 303 ($3.83) per share, with a total value of £1,796.79 ($2,272.98).
About BT Group plc
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