BT Group (OTCMKTS:BTGOF) Given Buy Rating at Barclays

BT Group (OTCMKTS:BTGOFGet Rating)‘s stock had its “buy” rating reiterated by investment analysts at Barclays in a research note issued to investors on Tuesday, TipRanks reports. They presently have a $240.00 target price on the stock.

A number of other research analysts also recently weighed in on BTGOF. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a $140.00 target price on shares of BT Group in a research report on Friday, February 4th. Berenberg Bank decreased their target price on shares of BT Group from GBX 225 ($2.83) to GBX 220 ($2.77) in a research report on Thursday, May 19th. Credit Suisse Group downgraded shares of BT Group from an “outperform” rating to a “neutral” rating in a research report on Wednesday, March 2nd. Finally, JPMorgan Chase & Co. increased their price target on shares of BT Group from GBX 255 ($3.21) to GBX 270 ($3.40) in a research note on Friday, May 13th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, BT Group has a consensus rating of “Hold” and a consensus target price of $200.71.

Shares of BTGOF stock traded up $0.05 during trading hours on Tuesday, hitting $2.32. 125,582 shares of the company were exchanged, compared to its average volume of 31,508. BT Group has a 52 week low of $1.83 and a 52 week high of $2.89. The business has a 50 day moving average of $2.33 and a two-hundred day moving average of $2.35.

BT Group Company Profile (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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