BT Group plc (LON:BT.A) has been given a GBX 325 ($4.06) price target by Deutsche Bank AG in a report released on Wednesday. The firm presently has a “sell” rating on the communications services company’s stock.
A number of other analysts have also commented on BT.A. HSBC Holdings plc set a GBX 425 ($5.30) price objective on BT Group plc and gave the company a “buy” rating in a research note on Wednesday. Morgan Stanley set a GBX 450 ($5.62) price objective on BT Group plc and gave the company a “neutral” rating in a research note on Friday, December 16th. Macquarie reaffirmed an “underperform” rating and set a GBX 300 ($3.74) price objective on shares of BT Group plc in a research note on Wednesday, November 30th. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 400 ($4.99) price objective on shares of BT Group plc in a research note on Thursday, December 8th. Finally, Haitong Bank reaffirmed a “buy” rating and set a GBX 560 ($6.99) price objective on shares of BT Group plc in a research note on Tuesday, December 13th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of GBX 447.24 ($5.58).
The company also recently announced a dividend, which will be paid on Monday, February 6th. Stockholders of record on Thursday, December 29th will be given a GBX 4.85 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, December 29th. This represents a dividend yield of 1.28%.
In other news, insider Mike Inglis bought 1,400 shares of the firm’s stock in a transaction dated Wednesday, November 9th. The stock was bought at an average price of GBX 354 ($4.42) per share, for a total transaction of £4,956 ($6,184.95).
BT Group plc Company Profile