BT Group (LON:BT.A) Stock Rating Reaffirmed as Buy by Berenberg Bank

BT Group (LON:BT.A)‘s stock had its “buy” rating reiterated by equities research analysts at Berenberg Bank in a research note issued on Thursday, London Stock Exchange reports. They presently have a GBX 300 target price on the communications services company’s stock. Berenberg Bank‘s price target would suggest a potential upside of 24.94% from the stock’s previous close.

Separately, Citigroup decreased their price objective on shares of BT Group from GBX 175 to GBX 165 and set a “sell” rating for the company in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, BT Group has a consensus rating of “Hold” and an average target price of GBX 231.25.

BT Group Price Performance

BT.A stock opened at GBX 240.12 on Thursday. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 187.58. BT Group has a one year low of GBX 173 and a one year high of GBX 247.30. The firm has a market capitalization of £23.66 billion, a PE ratio of 22.23, a P/E/G ratio of 0.38 and a beta of 0.69. The firm has a 50-day moving average of GBX 203.90 and a two-hundred day moving average of GBX 205.40.

BT Group (LON:BT.A) last announced its earnings results on Thursday, November 5th. The communications services company reported GBX 9.70 EPS for the quarter. The company had revenue of GBX 875.30 billion during the quarter. BT Group had a net margin of 4.11% and a return on equity of 6.33%. On average, analysts forecast that BT Group will post 19.12 earnings per share for the current year.

About BT Group

BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services.

BT Group consists of four customer-facing units: Consumer serves individuals and families in the UK; Business covers companies and public services in the UK; International serves multinational organisations headquartered outside the UK and overseas public sector customers; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 700 communications providers across the UK.
British Telecommunications Limited is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.