BT Group (BTA) PT Raised to GBX 260
BT Group (LON:BTA) had its price objective hoisted by equities researchers at Barclays from GBX 250 ($3.27) to GBX 260 ($3.40) in a research note issued on Friday. The brokerage currently has an “equal weight” rating on the stock.
Several other brokerages also recently issued reports on BTA. Royal Bank of Canada restated a “sector perform” rating and issued a GBX 275 ($3.59) price objective on shares of BT Group in a research report on Wednesday. Numis Securities restated a “buy” rating and issued a GBX 340 ($4.44) price objective on shares of BT Group in a research report on Monday, November 5th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 265 ($3.46) target price on shares of BT Group in a research note on Tuesday, October 30th. Morgan Stanley reiterated an “equal weight” rating and issued a GBX 240 ($3.14) target price on shares of BT Group in a research note on Tuesday, October 9th. Finally, Deutsche Bank reiterated a “hold” rating on shares of BT Group in a research note on Monday, August 6th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of GBX 284.50 ($3.72).
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