Numis Securities Reaffirms “Buy” Rating for BT Group – CLASS A (BT.A)
Numis Securities restated their buy rating on shares of BT Group – CLASS A (LON:BT.A) in a research report released on Monday, ThisIsMoney.Co.Uk reports.
A number of other research analysts have also weighed in on the company. Goldman Sachs Group dropped their price objective on BT Group – CLASS A from GBX 320 ($4.18) to GBX 300 ($3.92) and set a buy rating on the stock in a report on Thursday, April 11th. Credit Suisse Group reaffirmed a neutral rating on shares of BT Group – CLASS A in a report on Thursday, April 25th. Deutsche Bank reaffirmed a hold rating on shares of BT Group – CLASS A in a report on Friday, May 10th. UBS Group reaffirmed a neutral rating on shares of BT Group – CLASS A in a report on Tuesday, March 19th. Finally, Jefferies Financial Group upped their price objective on BT Group – CLASS A from GBX 265 ($3.46) to GBX 340 ($4.44) and gave the stock a buy rating in a report on Friday, February 15th. Seven research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 271.83 ($3.55).
Shares of BT.A stock opened at GBX 198.32 ($2.59) on Monday. BT Group – CLASS A has a 1-year low of GBX 224.20 ($2.93) and a 1-year high of GBX 337.05 ($4.40).
BT Group – CLASS A Company Profile
BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.
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