BT Group plc (OTCMKTS:BTGOF) Given Consensus Recommendation of “Moderate Buy” by Analysts

BT Group plc (OTCMKTS:BTGOFGet Rating) has been assigned an average rating of “Moderate Buy” from the eight brokerages that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $215.00.

Several analysts have recently weighed in on BTGOF shares. Credit Suisse Group decreased their price target on shares of BT Group from GBX 185 ($2.26) to GBX 155 ($1.89) in a research note on Friday, November 4th. Jefferies Financial Group decreased their price target on shares of BT Group from GBX 250 ($3.05) to GBX 190 ($2.32) in a research note on Monday, January 9th. Barclays lifted their price target on shares of BT Group from GBX 220 ($2.68) to GBX 230 ($2.81) in a research note on Thursday, January 5th. Finally, Citigroup raised shares of BT Group from a “neutral” rating to a “buy” rating in a report on Monday, January 9th.

BT Group Stock Up 1.8 %

BT Group stock opened at $1.60 on Friday. The company has a 50 day moving average price of $1.46 and a 200-day moving average price of $1.62. BT Group has a fifty-two week low of $1.25 and a fifty-two week high of $2.71.

BT Group Company Profile

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BT Group Plc is a holding company, which engages in the provision of communications services. It operates through the following segments: Consumer, Enterprise, Global, Openreach, and Other. The Consumer segment offers mobile, broadband, home phone, and television services. The Enterprise segment sells communications and information technology (IT) services to businesses and public sector organizations; and provides network products and services to communications.

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Analyst Recommendations for BT Group (OTCMKTS:BTGOF)

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