Credit Suisse Group Upgrades BT Group – CLASS A (BT.A) to “Outperform”
Credit Suisse Group upgraded shares of BT Group – CLASS A (LON:BT.A) to an outperform rating in a research note released on Monday, ThisIsMoney.Co.Uk reports. Credit Suisse Group currently has GBX 280 ($3.66) price target on the communications services company’s stock, up from their prior price target of GBX 270 ($3.53).
Several other equities analysts have also recently issued reports on BT.A. Deutsche Bank reiterated a hold rating on shares of BT Group – CLASS A in a research report on Thursday, February 7th. HSBC lowered their price target on BT Group – CLASS A from GBX 285 ($3.72) to GBX 280 ($3.66) and set a buy rating on the stock in a research report on Monday, February 11th. Jefferies Financial Group lifted their price target on BT Group – CLASS A from GBX 265 ($3.46) to GBX 340 ($4.44) and gave the company a buy rating in a research report on Friday, February 15th. Berenberg Bank cut BT Group – CLASS A to a hold rating and lowered their price target for the company from GBX 275 ($3.59) to GBX 260 ($3.40) in a research report on Tuesday, February 26th. Finally, UBS Group reiterated a neutral rating on shares of BT Group – CLASS A in a research report on Tuesday, March 19th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. BT Group – CLASS A currently has a consensus rating of Buy and an average price target of GBX 271.83 ($3.55).
Shares of BT.A stock opened at GBX 198.32 ($2.59) on Monday. 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.
Further Reading: Calculating net profit and net profit margin ratio
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