Deutsche Bank AG reiterated their sell rating on shares of BT Group plc (LON:BT.A) in a research report sent to investors on Tuesday morning. The firm currently has a GBX 265 ($3.46) price target on the communications services company’s stock.
BT.A has been the topic of several other reports. Morgan Stanley set a GBX 400 ($5.22) price target on BT Group plc and gave the stock a buy rating in a report on Tuesday, March 21st. Citigroup Inc. restated a buy rating on shares of BT Group plc in a report on Monday, May 15th. Barclays PLC restated an overweight rating and set a GBX 475 ($6.20) price target on shares of BT Group plc in a report on Monday, April 3rd. Goldman Sachs Group, Inc. (The) set a GBX 360 ($4.70) price target on BT Group plc and gave the stock a neutral rating in a report on Tuesday, March 28th. Finally, HSBC Holdings plc restated a buy rating and set a GBX 420 ($5.48) price target on shares of BT Group plc in a report on Monday, April 3rd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of GBX 356 ($4.65).
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In related news, insider Simon Lowth purchased 10,536 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The stock was acquired at an average price of GBX 284 ($3.71) per share, for a total transaction of £29,922.24 ($39,073.18). Also, insider Sir Michael Rake purchased 16,400 shares of the firm’s stock in a transaction that occurred on Friday, May 12th. The shares were bought at an average price of GBX 306 ($4.00) per share, with a total value of £50,184 ($65,531.47). Insiders have purchased 127,529 shares of company stock valued at $36,390,303 in the last quarter.
About BT Group plc
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