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, 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

(Get Rating)

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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