BT Group plc (LON:BT.A)‘s stock had its “neutral” rating reaffirmed by equities research analysts at BNP Paribas in a report issued on Tuesday. They presently have a GBX 395 ($4.90) price objective on the communications services company’s stock.
Other research analysts have also issued reports about the stock. Deutsche Bank AG restated a “sell” rating on shares of BT Group plc in a research report on Monday. Jefferies Group lowered their target price on shares of BT Group plc from GBX 400 ($4.96) to GBX 385 ($4.78) and set a “hold” rating on the stock in a research report on Monday. Societe Generale restated a “buy” rating and set a GBX 500 ($6.20) target price on shares of BT Group plc in a research report on Tuesday, August 9th. JPMorgan Chase & Co. restated an “overweight” rating on shares of BT Group plc in a research report on Wednesday, August 17th. Finally, Goldman Sachs Group Inc. lowered their target price on shares of BT Group plc from GBX 560 ($6.95) to GBX 540 ($6.70) and set a “conviction-buy” rating on the stock in a research report on Friday, October 28th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 468.21 ($5.81).
The business also recently disclosed a dividend, which will be paid on Monday, February 6th. Shareholders of record on Thursday, December 29th will be issued a dividend of GBX 4.85 ($0.06) per share. This represents a yield of 1.28%. The ex-dividend date of this dividend is Thursday, December 29th.
In other BT Group plc news, insider Mike Inglis purchased 1,400 shares of the firm’s stock in a transaction dated Wednesday, November 9th. The stock was acquired at an average cost of GBX 354 ($4.39) per share, with a total value of £4,956 ($6,148.12).