Shares of BT Group PLC (NYSE:BT) gapped down before the market opened on Monday . The stock had previously closed at $25.72, but opened at $25.83. BT Group PLC shares last traded at $26.28, with a volume of 193,153 shares.

A number of analysts recently issued reports on BT shares. Haitong Bank reissued a “buy” rating and set a GBX 600 ($7.88) price target on shares of BT Group PLC in a report on Thursday, May 5th. Goldman Sachs Group Inc. reissued a “buy” rating on shares of BT Group PLC in a report on Friday, May 6th. Beaufort Securities reissued a “buy” rating on shares of BT Group PLC in a report on Friday, May 6th. HSBC reissued a “buy” rating and set a GBX 540 ($7.09) price target on shares of BT Group PLC in a report on Friday, May 6th. Finally, Berenberg Bank decreased their price objective on shares of BT Group PLC from GBX 535 ($7.03) to GBX 506 ($6.65) and set a “buy” rating on the stock in a report on Monday, June 13th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $457.00.

The company has a market capitalization of $52.13 billion and a price-to-earnings ratio of 13.85. The firm’s 50 day moving average price is $26.48 and its 200 day moving average price is $30.57.

The company also recently announced a dividend, which will be paid on Tuesday, September 13th. Shareholders of record on Friday, August 12th will be issued a $0.662 dividend. This is a boost from BT Group PLC’s previous dividend of $0.32. The ex-dividend date of this dividend is Wednesday, August 10th.

An institutional investor recently raised its position in BT Group PLC stock. Stephens Inc. AR boosted its position in shares of BT Group PLC (NYSE:BT) by 100.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,414 shares of the company’s stock after buying an additional 21,290 shares during the period. Stephens Inc. AR’s holdings in BT Group PLC were worth $1,468,000 as of its most recent filing with the SEC.

BT Group plc is a communications services company. The Company’s activities are the provision of fixed-line services, broadband, mobile and television products and services, as well as managed networked information technology (IT) services in both the United Kingdom and across the globe. The Company operates in five segments: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach.

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