BT Group plc (BT.A) PT Lowered to GBX 320 at Morgan Stanley
BT Group plc (LON:BT.A) had its price target trimmed by Morgan Stanley from GBX 350 ($4.64) to GBX 320 ($4.24) in a research note issued to investors on Wednesday. The firm currently has an equal weight rating on the communications services company’s stock.
BT.A has been the subject of several other research reports. Macquarie reissued an outperform rating and set a GBX 355 ($4.71) price target on shares of BT Group plc in a research report on Tuesday, September 12th. HSBC Holdings plc set a GBX 360 ($4.78) price target on BT Group plc and gave the stock a buy rating in a research report on Thursday, September 7th. Numis Securities Ltd reissued a buy rating and set a GBX 390 ($5.17) price target on shares of BT Group plc in a research report on Monday, August 7th. Citigroup Inc. reissued a buy rating and set a GBX 360 ($4.78) price target on shares of BT Group plc in a research report on Monday, July 31st. Finally, Deutsche Bank AG reissued a sell rating and set a GBX 265 ($3.52) price target on shares of BT Group plc in a research report on Tuesday, July 11th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 349 ($4.63).
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In related news, insider Sean Williams sold 18,945 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of GBX 313 ($4.15), for a total value of £59,297.85 ($78,654.80). Also, insider Isabel Hudson purchased 3,367 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The stock was acquired at an average price of GBX 295 ($3.91) per share, for a total transaction of £9,932.65 ($13,175.02).
BT Group plc Company Profile
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