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

BT Group plc (OTCMKTS:BTGOF) has been given an average rating of “Reduce” by the six analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the company.

A number of analysts have recently commented on BTGOF shares. Citigroup reissued a “sell” rating on shares of BT Group in a research note on Monday, September 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of BT Group in a research note on Monday, August 11th. New Street Research cut BT Group to a “neutral” rating in a research note on Tuesday, September 30th. Finally, BNP Paribas cut BT Group to an “underperform” rating in a research note on Thursday, October 2nd.

BT Group Stock Down 0.2%

Shares of BT Group stock opened at $2.50 on Monday. The business’s fifty day moving average price is $2.64 and its two-hundred day moving average price is $2.52. BT Group has a 1-year low of $1.60 and a 1-year high of $2.97.

About BT Group

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.