BT Group – CLASS A (LON:BT.A) Given New GBX 230 Price Target at DZ Bank

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BT Group – CLASS A (LON:BT.A) had its price objective lowered by DZ Bank from GBX 250 ($3.27) to GBX 230 ($3.01) in a research note published on Monday morning, ThisIsMoney.Co.Uk reports. The firm currently has a buy rating on the communications services company’s stock.

Other research analysts have also issued reports about the stock. Deutsche Bank reiterated a sell rating on shares of BT Group – CLASS A in a report on Thursday, August 8th. Barclays reissued an equal weight rating on shares of BT Group – CLASS A in a research report on Monday, August 5th. JPMorgan Chase & Co. set a GBX 290 ($3.79) target price on shares of BT Group – CLASS A and gave the stock a buy rating in a research report on Friday, August 2nd. Numis Securities reissued a buy rating on shares of BT Group – CLASS A in a research report on Monday, June 3rd. Finally, Berenberg Bank dropped their target price on shares of BT Group – CLASS A from GBX 260 ($3.40) to GBX 240 ($3.14) and set a hold rating for the company in a research report on Wednesday, May 22nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of GBX 266.82 ($3.49).

Shares of BT.A stock opened at GBX 164.38 ($2.15) on Monday. The firm has a market cap of $16.24 billion and a P/E ratio of 7.61. BT Group – CLASS A has a 1-year low of GBX 171.20 ($2.24) and a 1-year high of GBX 268.60 ($3.51). The company has a debt-to-equity ratio of 165.99, a current ratio of 1.09 and a quick ratio of 0.88. The firm’s 50-day simple moving average is GBX 188.86 and its 200-day simple moving average is GBX 210.37.

In other BT Group – CLASS A news, insider Alison Wilcox sold 2,629 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of GBX 181 ($2.37), for a total value of £4,758.49 ($6,217.81). Also, insider Allison Kirkby acquired 25,000 shares of the stock in a transaction on Friday, June 21st. The stock was purchased at an average cost of GBX 203 ($2.65) per share, with a total value of £50,750 ($66,313.86).

About BT Group – CLASS A

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.

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Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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