Haitong Bank reaffirmed their buy rating on shares of BT Group PLC (NYSE:BT) in a research note published on Thursday, StockTargetPrices.com reports. The firm currently has a GBX 560 ($7.31) price target on the stock.

BT has been the subject of a number of other research reports. Goldman Sachs Group Inc. reissued a buy rating on shares of BT Group PLC in a research report on Wednesday, July 27th. Barclays PLC reissued an overweight rating on shares of BT Group PLC in a research report on Tuesday, August 23rd. Deutsche Bank AG reissued a sell rating and set a GBX 410 ($5.35) price target on shares of BT Group PLC in a research report on Wednesday, July 20th. Morgan Stanley decreased their price target on shares of BT Group PLC from GBX 500 ($6.53) to GBX 480 ($6.27) and set an equal weight rating for the company in a research report on Friday, June 3rd. Finally, Zacks Investment Research downgraded shares of BT Group PLC from a strong-buy rating to a hold rating in a research report on Friday, July 1st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. BT Group PLC has a consensus rating of Buy and a consensus price target of $453.39.

BT Group PLC (NYSE:BT) opened at 25.17 on Thursday. BT Group PLC has a 12 month low of $24.36 and a 12 month high of $37.69. The stock has a market cap of $50.00 billion, a P/E ratio of 12.87 and a beta of 1.09. The firm’s 50-day moving average is $26.17 and its 200-day moving average is $29.53.

Several large investors have recently modified their holdings of BT. Sei Investments Co. boosted its stake in shares of BT Group PLC by 33.1% in the second quarter. Sei Investments Co. now owns 4,131 shares of the company’s stock worth $115,000 after buying an additional 1,027 shares in the last quarter. NEXT Financial Group Inc boosted its stake in shares of BT Group PLC by 0.9% in the second quarter. NEXT Financial Group Inc now owns 5,375 shares of the company’s stock worth $149,000 after buying an additional 50 shares in the last quarter. Advisor Group Inc. bought a new stake in shares of BT Group PLC during the second quarter worth $169,000. Creative Planning boosted its stake in shares of BT Group PLC by 394.9% in the second quarter. Creative Planning now owns 6,642 shares of the company’s stock worth $185,000 after buying an additional 5,300 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC bought a new stake in shares of BT Group PLC during the second quarter worth $214,000. Institutional investors and hedge funds own 1.22% of the company’s stock.

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