BT Group PLC (NYSE:BT)‘s stock had its “sell” rating reiterated by research analysts at Deutsche Bank AG in a research note issued to investors on Wednesday, StockTargetPrices.com reports.

BT has been the subject of several other reports. HSBC reiterated a “buy” rating and set a GBX 470 ($5.83) price objective on shares of BT Group PLC in a research report on Wednesday. BNP Paribas decreased their price objective on shares of BT Group PLC from GBX 395 ($4.90) to GBX 385 ($4.78) and set a “neutral” rating for the company in a research report on Thursday, September 15th. Beaufort Securities reiterated a “buy” rating on shares of BT Group PLC in a research report on Friday, October 28th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 440 ($5.46) price objective on shares of BT Group PLC in a research report on Friday, October 28th. Finally, Societe Generale reiterated a “buy” rating and set a GBX 500 ($6.20) price objective on shares of BT Group PLC in a research report on Tuesday, August 9th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. BT Group PLC has a consensus rating of “Hold” and a consensus target price of $437.41.

Analyst Recommendations for BT Group PLC (NYSE:BT)

Shares of BT Group PLC (NYSE:BT) opened at 22.43 on Wednesday. The company has a market capitalization of $44.55 billion, a PE ratio of 12.85 and a beta of 1.15. The firm’s 50-day moving average is $23.05 and its 200 day moving average is $26.44. BT Group PLC has a 12 month low of $21.61 and a 12 month high of $37.09.

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A number of hedge funds have recently made changes to their positions in the company. Sei Investments Co. raised 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 valued at $115,000 after buying an additional 1,027 shares in the last quarter. MSI Financial Services Inc raised its stake in shares of BT Group PLC by 15.4% in the third quarter. MSI Financial Services Inc now owns 5,675 shares of the company’s stock valued at $144,000 after buying an additional 756 shares in the last quarter. Quantbot Technologies LP raised its stake in shares of BT Group PLC by 199.9% in the third quarter. Quantbot Technologies LP now owns 5,729 shares of the company’s stock valued at $145,000 after buying an additional 3,819 shares in the last quarter. NEXT Financial Group Inc raised 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 valued at $149,000 after buying an additional 50 shares in the last quarter. Finally, Riverhead Capital Management LLC raised its stake in shares of BT Group PLC by 624.8% in the third quarter. Riverhead Capital Management LLC now owns 5,900 shares of the company’s stock valued at $150,000 after buying an additional 5,086 shares in the last quarter. 1.09% of the stock is currently owned by institutional investors and hedge funds.

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