Beaufort Securities lowered shares of BT Group PLC (NYSE:BT) to a hold rating in a report released on Friday morning, StockTargetPrices.com reports. The firm currently has GBX 265 ($3.49) price objective on the utilities provider’s stock, down from their prior price objective of GBX 340 ($4.47).

Several other analysts also recently issued reports on the company. ValuEngine upgraded BT Group PLC from a hold rating to a buy rating in a report on Thursday, July 6th. Deutsche Bank AG reiterated a sell rating and issued a GBX 265 ($3.49) price target on shares of BT Group PLC in a report on Tuesday, July 11th. J P Morgan Chase & Co reiterated a neutral rating and issued a GBX 290 ($3.81) price target on shares of BT Group PLC in a report on Wednesday, July 12th. Numis Securities Ltd started coverage on BT Group PLC in a report on Thursday, July 13th. They issued a buy rating and a GBX 390 ($5.13) price target for the company. Finally, Macquarie raised their target price on BT Group PLC from GBX 330 ($4.34) to GBX 340 ($4.47) and gave the company an outperform rating in a research note on Monday, July 17th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the stock. The company currently has an average rating of Hold and a consensus price target of $318.94.

BT Group PLC (NYSE BT) traded up $0.26 during mid-day trading on Friday, hitting $16.77. The stock had a trading volume of 800,825 shares, compared to its average volume of 687,733. The firm has a market cap of $32,746.97, a P/E ratio of 9.12, a price-to-earnings-growth ratio of 4.59 and a beta of 0.98. The company has a current ratio of 0.83, a quick ratio of 0.81 and a debt-to-equity ratio of 1.50. BT Group PLC has a 1-year low of $16.44 and a 1-year high of $24.65.

ILLEGAL ACTIVITY WARNING: “BT Group PLC (BT) Downgraded by Beaufort Securities” was reported by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The original version of this article can be accessed at https://www.dailypolitical.com/2017/11/06/bt-group-plc-bt-downgraded-by-beaufort-securities.html.

The business also recently disclosed a None dividend, which will be paid on Monday, February 12th. Investors of record on Friday, December 29th will be paid a dividend of $0.297 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a dividend yield of 3.84%. BT Group PLC’s dividend payout ratio is presently 91.35%.

Several hedge funds and other institutional investors have recently bought and sold shares of BT. Sei Investments Co. grew its position in BT Group PLC by 47.0% in the third quarter. Sei Investments Co. now owns 23,616 shares of the utilities provider’s stock worth $454,000 after buying an additional 7,549 shares during the last quarter. FDx Advisors Inc. acquired a new position in BT Group PLC in the third quarter worth approximately $233,000. Bank of Hawaii grew its position in BT Group PLC by 15.9% in the third quarter. Bank of Hawaii now owns 25,199 shares of the utilities provider’s stock worth $485,000 after buying an additional 3,448 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in BT Group PLC in the third quarter worth approximately $3,613,000. Finally, Aperio Group LLC grew its position in BT Group PLC by 40.8% in the third quarter. Aperio Group LLC now owns 497,907 shares of the utilities provider’s stock worth $9,580,000 after buying an additional 144,367 shares during the last quarter. Institutional investors and hedge funds own 0.99% of the company’s stock.

BT Group PLC Company Profile

Stock Target Prices

Analyst Recommendations for BT Group PLC (NYSE:BT)

Receive News & Ratings for BT Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.