BT Group – CLASS A (BT.A) Given New GBX 325 Price Target at Jefferies Financial Group
BT Group – CLASS A (LON:BT.A) had its price objective reduced by Jefferies Financial Group from GBX 340 ($4.44) to GBX 325 ($4.25) in a research note released on Tuesday morning, ThisIsMoney.Co.Uk reports. They currently have a buy rating on the communications services company’s stock.
Several other brokerages also recently weighed in on BT.A. Berenberg Bank lifted their price target on shares of BT Group – CLASS A from GBX 270 ($3.53) to GBX 275 ($3.59) and gave the company a buy rating in a report on Tuesday, January 22nd. JPMorgan Chase & Co. raised shares of BT Group – CLASS A to an overweight rating in a report on Thursday, January 24th. Deutsche Bank reaffirmed a hold rating on shares of BT Group – CLASS A in a report on Wednesday, January 23rd. Barclays reaffirmed an equal weight rating on shares of BT Group – CLASS A in a report on Tuesday, January 22nd. Finally, UBS Group reaffirmed a neutral rating on shares of BT Group – CLASS A in a report on Friday, January 25th. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. BT Group – CLASS A presently has an average rating of Hold and an average price target of GBX 263.36 ($3.44).
Shares of LON:BT.A opened at GBX 196.26 ($2.56) on Tuesday. 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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