BT Group plc (BT.A) Stock Rating Reaffirmed by Goldman Sachs Group, Inc. (The)
Goldman Sachs Group, Inc. (The) reiterated their neutral rating on shares of BT Group plc (LON:BT.A) in a report issued on Monday. They currently have a GBX 340 ($4.58) price objective on the communications services company’s stock.
A number of other brokerages have also recently issued reports on BT.A. Macquarie raised BT Group plc to an outperform rating and increased their price objective for the stock from GBX 270 ($3.64) to GBX 330 ($4.45) in a report on Wednesday, June 28th. Berenberg Bank reissued a hold rating and set a GBX 325 ($4.38) price objective on shares of BT Group plc in a report on Tuesday, June 20th. Jefferies Group LLC reissued a hold rating and set a GBX 280 ($3.78) price objective on shares of BT Group plc in a report on Wednesday, September 13th. J P Morgan Chase & Co dropped their price objective on BT Group plc from GBX 330 ($4.45) to GBX 290 ($3.91) and set a neutral rating on the stock in a report on Wednesday, July 5th. Finally, Numis Securities Ltd reissued a buy rating and set a GBX 390 ($5.26) price objective on shares of BT Group plc in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average target price of GBX 353 ($4.76).
In other news, insider Sean Williams sold 18,945 shares of BT Group plc stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of GBX 313 ($4.22), for a total value of £59,297.85 ($79,948.56). Also, insider Isabel Hudson acquired 3,367 shares of the business’s stock in a transaction dated Friday, August 11th. The stock was acquired at an average price of GBX 295 ($3.98) per share, for a total transaction of £9,932.65 ($13,391.74).
BT Group plc Company Profile
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