Several other equities research analysts have also recently issued reports on the company. Barclays set a GBX 420 ($5.80) price target on BT Group and gave the company a buy rating in a research note on Wednesday, November 8th. Beaufort Securities cut BT Group to a hold rating and cut their price target for the company from GBX 340 ($4.70) to GBX 265 ($3.66) in a research note on Friday, November 3rd. Credit Suisse Group cut their price target on BT Group from GBX 320 ($4.42) to GBX 280 ($3.87) and set a neutral rating for the company in a research note on Tuesday, November 7th. Numis Securities reiterated a buy rating and issued a GBX 400 ($5.53) price target on shares of BT Group in a research note on Monday, November 27th. Finally, Sanford C. Bernstein set a GBX 355 ($4.90) price objective on shares of BT Group and gave the company a buy rating in a research report on Monday, January 15th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 318.78 ($4.40).
Shares of BT Group (LON BT.A) traded down GBX 1.65 ($0.02) during mid-day trading on Monday, hitting GBX 225.50 ($3.12). The company had a trading volume of 30,870,000 shares, compared to its average volume of 26,150,000. The company has a market capitalization of $22,370.00 and a PE ratio of 1,326.47. BT Group has a fifty-two week low of GBX 224.30 ($3.10) and a fifty-two week high of GBX 337.05 ($4.66).
BT Group Company Profile
BT Group plc is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well as managed networked information technology (IT) solutions and cyber security protection. Its segments include Consumer, which provides fixed-voice, broadband, TV and mobile services; EE, which is a mobile network operator in the United Kingdom and provides mobile and fixed communications services to consumers; Business and Public Sector, which provides communications and IT services to businesses and the public sector in the United Kingdom and the Republic of Ireland (RoI) ;Global Services, which provides managed networked IT services to corporate customers; Wholesale and Ventures, which provides fixed and mobile services to communications providers (CPs); and Openreach, which provides copper and fiber connections between its exchanges and homes and businesses.
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