Key Analysts at Barclays Reiterate their ‘Overweight’ rating for BT Group (LON:BT-A) Shares Today. Their Price Target is GBX 600

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BT Group (LON:BT-A) Rating Reaffirmed

London: In an analyst research report announced on Monday, 7 December, Barclays has decided to restate their Overweight rating on BT Group (LON:BT-A) shares. They now have a GBX 600 target on the firm. Barclays’s target means a potential upside of 24.25% from the company’s last stock close.

From a total of 10 analysts covering BT Group (LON:BT-A) stock, 6 rate it a ”Buy”, 3 a “Sell”, and 1 a ”Hold”. This means that 60% of the ratings are positive. The highest target price is GBX 600 while the lowest target price is GBX 355. The mean of all analyst targets is GBX 501.50 with a 3.49% above today’s (GBX 484.6) stock price. BT Group was the topic of 24 analyst reports since July 2, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Sell” rating. BNP Paribas maintained shares with “Underperform” rating and GBX 355 target share price in a report from an October 28. Barclays Capital maintained BT-A stock in a recent report from November 30 with “Overweight” rating. Berenberg maintained the rating on October 12. Berenberg has a “Buy” rating and a GBX 570 price target on shares. Finally, RBC Capital Markets maintained the stock with “Outperform” rating in a report issued on an October 30.

Approximately 1.49M shares of stock traded hands. BT Group plc (LON:BT-A) has risen 2.07% since May 8, 2015 and is uptrending. It has outperformed by 3.14% the S&P500.

Key Analysts at Barclays Reiterate their ‘Overweight’ rating for BT Group (LON:BT-A) Shares Today. Their Price Target is GBX 600

BT Group plc is a communications services company. The company has a market cap of 40.49 billion GBP. The Company’s activities are the provision of fixed-line services, broadband, mobile and television services and products, as well as managed networked information technology services in both the United Kingdom and across the globe. It has 17.81 P/E ratio. The Firm operates in five divisions: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach.

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