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

Shares of BT Group plc (OTCMKTS:BTGOFGet Rating) have been given an average recommendation of “Hold” by the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $197.50.

A number of research firms have issued reports on BTGOF. JPMorgan Chase & Co. boosted their price target on BT Group from GBX 255 ($3.14) to GBX 270 ($3.33) in a research report on Friday. The Goldman Sachs Group raised BT Group from a “buy” rating to a “conviction-buy” rating in a research report on Tuesday, January 18th. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a $140.00 price target on shares of BT Group in a research report on Friday, February 4th. Barclays decreased their target price on BT Group from GBX 260 ($3.21) to GBX 240 ($2.96) in a research report on Friday, April 1st. Finally, Credit Suisse Group downgraded BT Group from an “outperform” rating to a “neutral” rating in a research report on Wednesday, March 2nd.

BTGOF stock opened at $2.18 on Tuesday. The stock has a 50-day moving average price of $2.33 and a two-hundred day moving average price of $2.34. BT Group has a 12-month low of $1.83 and a 12-month high of $2.89.

About BT Group (Get Rating)

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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