BT Group (BTA) Earns Buy Rating from Numis Securities

Numis Securities reiterated their buy rating on shares of BT Group (LON:BTA) in a report released on Monday morning. The brokerage currently has a GBX 340 ($4.44) price target on the stock.

A number of other research analysts also recently commented on BTA. Jefferies Financial Group reaffirmed a buy rating and set a GBX 265 ($3.46) price objective on shares of BT Group in a research note on Tuesday, October 30th. Royal Bank of Canada reaffirmed a sector perform rating and set a GBX 275 ($3.59) price objective on shares of BT Group in a research note on Friday, July 27th. Deutsche Bank reaffirmed a hold rating on shares of BT Group in a research note on Monday, August 6th. Finally, Morgan Stanley reaffirmed an equal weight rating and set a GBX 240 ($3.14) price objective on shares of BT Group in a research note on Tuesday, October 9th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of GBX 289 ($3.78).

The company also recently announced a dividend, which will be paid on Monday, February 4th. Stockholders of record on Thursday, December 27th will be issued a dividend of GBX 4.62 ($0.06) per share. This represents a dividend yield of 1.78%. The ex-dividend date of this dividend is Thursday, December 27th.

Further Reading: Why do company’s buyback their stock?

Analyst Recommendations for BT Group (LON:BTA)

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