The BT Group plc (BT) Given Buy Rating at Citigroup Inc

The BT Group plc (BT) Given Buy Rating at Citigroup Inc

Several other research analysts also recently issued reports on the stock. Zacks Investment Research upgraded shares of BT Group plc from a “sell” rating to a “hold” rating in a report on Monday, April 17th. Deutsche Bank AG restated a “sell” rating on shares of BT Group plc in a report on Friday, April 28th. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 330 ($4.24) price objective on shares of BT Group plc in a report on Monday, March 13th. Barclays PLC restated an “overweight” rating and issued a GBX 475 ($6.10) price objective on shares of BT Group plc in a report on Monday, March 13th. Finally, Credit Suisse Group AG restated a “neutral” rating and issued a GBX 340 ($4.37) price objective on shares of BT Group plc in a report on Friday, April 21st. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have assigned a buy rating to the company. BT Group plc has a consensus rating of “Hold” and a consensus price target of $346.24.

BT Group plc (NYSE:BT)‘s stock had its “buy” rating restated by equities research analysts at Citigroup Inc in a research note issued to investors on Monday, May 15th.

BT Group plc (NYSE BT) opened at 19.84 on Monday. The stock has a 50 day moving average price of $20.11 and a 200 day moving average price of $21.11. BT Group plc has a 52-week low of $19.14 and a 52-week high of $32.85. The company has a market capitalization of $39.25 billion, a price-to-earnings ratio of 16.06 and a beta of 1.07.

BT Group plc (NYSE:BT) last announced its quarterly earnings results on Wednesday, May 10th. The utilities provider reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.04. The company had revenue of $7.58 billion during the quarter, compared to the consensus estimate of $7.88 billion. BT Group plc had a net margin of 10.29% and a return on equity of 35.80%. Analysts anticipate that BT Group plc will post $3.83 EPS for the current fiscal year. The firm also recently declared a semiannual dividend, which will be paid on Tuesday, September 12th. Investors of record on Friday, August 11th will be given a $0.6804 dividend. The ex-dividend date is Wednesday, August 9th. This represents a yield of 6.86%. BT Group plc’s payout ratio is 56.25%.

Institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new position in shares of BT Group plc during the first quarter valued at $12,554,000. Karp Capital Management Corp acquired a new position in shares of BT Group plc during the first quarter valued at $6,762,000. Fiera Capital Corp acquired a new position in shares of BT Group plc during the fourth quarter valued at $4,629,000. Federated Investors Inc. PA acquired a new position in shares of BT Group plc during the fourth quarter valued at $2,259,000. Finally, BB&T Securities LLC acquired a new position in shares of BT Group plc during the first quarter valued at $1,614,000. 1.10% of the stock is currently owned by institutional investors and hedge funds. About BT Group plc

new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “BT”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment