Reaffirmed: BT Group (LON:BT-A) Underperform Rating Restated at Exane BNP Paribas; GBX 410 Target in Place


BT Group (LON:BT-A) Rating Reaffirmed

They currently have a GBX 410 TP on BT Group (LON:BT-A). The target price by Exane BNP Paribas would suggest a potential downside of -14.17% from the company’s current stock price. This has been revealed in a recent research report on Tuesday morning.

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 5.29% above today’s (GBX 476.31) stock price. BT Group was the topic of 25 analyst reports since July 2, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 7 with “Overweight” rating. BNP Paribas maintained shares with “Underperform” rating and GBX 355 target share price in a report from an October 28. Nomura maintained BT-A stock in a recent report from December 1 with “Neutral” 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 2.79M shares of stock traded hands. BT Group plc (LON:BT-A) has risen 2.23% since May 11, 2015 and is uptrending. It has outperformed by 2.83% the S&P500.

Reaffirmed: BT Group (LON:BT-A) Underperform Rating Restated at Exane BNP Paribas; GBX 410 Target in Place

BT Group plc is a communications services company. The company has a market cap of 39.75 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 17.51 P/E ratio. The Firm operates in five divisions: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach.