Numis Securities Reiterates “Buy” Rating for BT Group (BTA)
BT Group (LON:BTA)‘s stock had its “buy” rating restated by Numis Securities in a note issued to investors on Wednesday. They presently have a GBX 340 ($4.44) target price on the stock.
A number of other equities analysts also recently weighed in on BTA. Berenberg Bank downgraded shares of BT Group to a “hold” rating and dropped their target price for the stock from GBX 275 ($3.59) to GBX 260 ($3.40) in a research note on Monday, February 25th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 290 ($3.79) target price on shares of BT Group in a research note on Tuesday, January 29th. Jefferies Financial Group boosted their target price on shares of BT Group from GBX 265 ($3.46) to GBX 340 ($4.44) and gave the stock a “buy” rating in a research note on Friday, February 15th. Barclays dropped their target price on shares of BT Group from GBX 260 ($3.40) to GBX 250 ($3.27) and set an “equal weight” rating for the company in a research note on Monday, December 17th. Finally, UBS Group boosted their target price on shares of BT Group from GBX 210 ($2.74) to GBX 260 ($3.40) and gave the stock a “neutral” rating in a research note on Monday, December 17th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. BT Group has an average rating of “Hold” and an average price target of GBX 280 ($3.66).
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