Barclays Reiterates “Underweight” Rating for BT Group – CLASS A (LON:BT.A)

Share on StockTwits

Barclays reiterated their underweight rating on shares of BT Group – CLASS A (LON:BT.A) in a research report report published on Friday morning, ThisIsMoney.Co.Uk reports.

BT.A has been the topic of several other reports. Deutsche Bank restated a sell rating and set a GBX 169 ($2.22) price target on shares of BT Group – CLASS A in a report on Monday, January 6th. Credit Suisse Group restated a buy rating and set a GBX 280 ($3.68) price target on shares of BT Group – CLASS A in a report on Thursday, December 5th. Jefferies Financial Group set a GBX 330 ($4.34) price target on BT Group – CLASS A and gave the stock a buy rating in a report on Tuesday, December 17th. Citigroup reduced their price target on BT Group – CLASS A from GBX 220 ($2.89) to GBX 205 ($2.70) and set a neutral rating on the stock in a report on Friday, November 8th. Finally, HSBC reduced their price target on BT Group – CLASS A from GBX 240 ($3.16) to GBX 225 ($2.96) and set a buy rating on the stock in a report on Friday, November 22nd. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company. BT Group – CLASS A currently has a consensus rating of Hold and a consensus price target of GBX 233.25 ($3.07).

BT Group – CLASS A stock traded down GBX 0.80 ($0.01) during midday trading on Friday, reaching GBX 192.20 ($2.53). The company’s stock had a trading volume of 24,833,717 shares, compared to its average volume of 26,890,000. The stock has a market cap of $18.99 billion and a PE ratio of 7.98. The company has a current ratio of 1.05, a quick ratio of 0.93 and a debt-to-equity ratio of 231.66. The business has a 50-day moving average price of GBX 194.69 and a 200-day moving average price of GBX 188.41. BT Group – CLASS A has a 52 week low of GBX 157.67 ($2.07) and a 52 week high of GBX 242 ($3.18).

In other BT Group – CLASS A news, insider Simon Lowth purchased 106,856 shares of the company’s stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of GBX 204 ($2.68) per share, with a total value of £217,986.24 ($286,748.54).

About BT Group – CLASS A

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.

Read More: What is a Buy-Side Analyst?

Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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

Leave a Reply