BT Group plc (OTCMKTS:BTGOF) Given Consensus Rating of “Moderate Buy” by Analysts

BT Group plc (OTCMKTS:BTGOFGet Rating) has been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $228.75.

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price objective on shares of BT Group from GBX 290 ($3.50) to GBX 285 ($3.44) in a research report on Friday, July 29th. HSBC upgraded BT Group from a “hold” rating to a “buy” rating in a research note on Thursday. Berenberg Bank lowered shares of BT Group from a “buy” rating to a “hold” rating in a report on Tuesday, September 6th. Deutsche Bank Aktiengesellschaft raised shares of BT Group from a “sell” rating to a “hold” rating in a research report on Tuesday, September 13th. Finally, Barclays lowered their price objective on shares of BT Group from GBX 240 ($2.90) to GBX 220 ($2.66) in a research note on Friday.

BT Group Stock Performance

Shares of BTGOF opened at $1.59 on Monday. BT Group has a 12-month low of $1.58 and a 12-month high of $2.71. The company has a 50-day moving average of $1.91 and a two-hundred day moving average of $2.16.

BT Group Company Profile

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BT Group plc provides communications products and services in the United Kingdom, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through Consumer, Enterprise, Global, and Openreach segments. The Consumer segment offers landline, mobile, broadband, and TV services under the BT, EE, and Plusnet brands.

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Analyst Recommendations for BT Group (OTCMKTS:BTGOF)

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