BT Group (OTCMKTS:BTGOF) Trading 0.3% Higher – Still a Buy?

BT Group plc (OTCMKTS:BTGOFGet Free Report)’s share price was up 0.3% on Monday . The stock traded as high as $2.90 and last traded at $2.90. Approximately 1,600 shares traded hands during trading, a decline of 94% from the average daily volume of 25,472 shares. The stock had previously closed at $2.89.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on BTGOF shares. Deutsche Bank Aktiengesellschaft downgraded BT Group to a “sell” rating in a research note on Wednesday, May 7th. Morgan Stanley reissued an “overweight” rating on shares of BT Group in a report on Monday, August 11th. Finally, Citigroup reissued a “sell” rating on shares of BT Group in a report on Monday. One analyst has rated the stock with a Buy rating and three have given a Sell rating to the company. According to MarketBeat, BT Group has an average rating of “Reduce”.

Get Our Latest Stock Report on BTGOF

BT Group Stock Up 0.3%

The firm’s 50-day moving average price is $2.73 and its two-hundred day moving average price is $2.35.

About BT Group

(Get Free Report)

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 company builds, owns, and operates fixed and mobile networks; and designs, builds, markets, sells, and supports network access, connectivity, and related solutions.

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