BT Group (BT.A) Receives Outperform Rating from Royal Bank Of Canada
Royal Bank Of Canada reiterated their outperform rating on shares of BT Group (LON:BT.A) in a report issued on Wednesday morning. They currently have a GBX 410 ($5.52) price target on the communications services company’s stock.
A number of other research firms have also recently weighed in on BT.A. Morgan Stanley set a GBX 290 ($3.90) price target on BT Group and gave the company a neutral rating in a report on Thursday, November 30th. Credit Suisse Group cut their price target on BT Group from GBX 320 ($4.31) to GBX 280 ($3.77) and set a neutral rating on the stock in a report on Tuesday, November 7th. Barclays set a GBX 420 ($5.65) price objective on shares of BT Group and gave the company a buy rating in a research note on Wednesday, November 8th. Goldman Sachs Group set a GBX 330 ($4.44) price objective on shares of BT Group and gave the company a neutral rating in a research note on Thursday, November 9th. Finally, Numis Securities reiterated a buy rating and set a GBX 400 ($5.38) price objective on shares of BT Group in a research note on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 329.63 ($4.44).
BT Group (BT.A) traded up GBX 7.13 ($0.10) on Wednesday, hitting GBX 264.33 ($3.56). The stock had a trading volume of 23,260,000 shares, compared to its average volume of 21,510,000. BT Group has a 52 week low of GBX 242.20 ($3.26) and a 52 week high of GBX 400.70 ($5.39).
In related news, insider Mike Inglis bought 1,999 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was bought at an average price of GBX 248 ($3.34) per share, with a total value of £4,957.52 ($6,672.30). Also, insider Nicholas (Nick) Rose bought 100,000 shares of the firm’s stock in a transaction on Monday, November 6th. The shares were bought at an average cost of GBX 251 ($3.38) per share, with a total value of £251,000 ($337,819.65).
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BT Group Company Profile
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