BT Group PLC (NYSE:BT)‘s stock had its “neutral” rating reaffirmed by analysts at BNP Paribas in a research report issued to clients and investors on Tuesday, StockTargetPrices.com reports. They presently have a GBX 395 ($4.90) target price on the stock.

Several other research firms also recently commented on BT. Haitong Bank reiterated a “buy” rating and set a GBX 560 ($6.95) target price on shares of BT Group PLC in a research report on Tuesday, September 27th. Societe Generale restated a “buy” rating and issued a GBX 500 ($6.20) price target on shares of BT Group PLC in a research report on Tuesday, August 9th. JPMorgan Chase & Co. restated a “neutral” rating on shares of BT Group PLC in a research report on Tuesday, November 22nd. Deutsche Bank AG restated a “sell” rating and issued a GBX 345 ($4.28) price target on shares of BT Group PLC in a research report on Friday, October 28th. Finally, Jefferies Group restated a “hold” rating and issued a GBX 400 ($4.96) price target on shares of BT Group PLC in a research report on Tuesday, November 22nd. Three analysts have rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $437.41.

Analyst Recommendations for BT Group PLC (NYSE:BT)

BT Group PLC (NYSE:BT) opened at 22.53 on Tuesday. The company has a market cap of $44.75 billion, a P/E ratio of 12.91 and a beta of 1.15. BT Group PLC has a 52-week low of $21.61 and a 52-week high of $36.49. The company has a 50-day moving average of $23.02 and a 200-day moving average of $26.38.

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Several institutional investors have recently modified their holdings of BT. Miller Howard Investments Inc. NY bought a new position in shares of BT Group PLC during the second quarter worth $7,453,000. Thornburg Investment Management Inc. bought a new position in shares of BT Group PLC during the second quarter worth $6,736,000. JPMorgan Chase & Co. increased its position in shares of BT Group PLC by 198.6% in the third quarter. JPMorgan Chase & Co. now owns 342,739 shares of the company’s stock worth $8,716,000 after buying an additional 227,938 shares during the period. Royal Bank of Canada increased its position in shares of BT Group PLC by 19.9% in the first quarter. Royal Bank of Canada now owns 741,807 shares of the company’s stock worth $23,796,000 after buying an additional 122,967 shares during the period. Finally, Grimes & Company Inc. bought a new position in shares of BT Group PLC during the third quarter worth $1,957,000. 1.09% of the stock is currently owned by institutional investors.

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