Numis Securities Reiterates Buy Rating for BT Group (BT.A)

Numis Securities reissued their buy rating on shares of BT Group (LON:BT.A) in a research report report published on Thursday morning. They currently have a GBX 400 ($5.42) price objective on the communications services company’s stock.

A number of other research analysts have also weighed in on BT.A. Jefferies Group reaffirmed a hold rating and set a GBX 280 ($3.80) target price on shares of BT Group in a report on Wednesday, September 13th. Deutsche Bank reissued a sell rating and set a GBX 265 ($3.59) price objective on shares of BT Group in a report on Thursday, September 14th. BNP Paribas reissued an underperform rating and set a GBX 240 ($3.25) price objective on shares of BT Group in a report on Thursday, September 14th. Macquarie reissued an outperform rating on shares of BT Group in a report on Monday, September 18th. Finally, Goldman Sachs Group reissued a neutral rating and set a GBX 340 ($4.61) price objective on shares of BT Group in a report on Monday, September 18th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the company’s stock. BT Group has an average rating of Hold and an average price target of GBX 330.16 ($4.48).

BT Group (LON BT.A) opened at GBX 274.90 ($3.73) on Thursday. The firm has a market capitalization of $27,260.00 and a PE ratio of 1,718.13. BT Group has a twelve month low of GBX 242.20 ($3.28) and a twelve month high of GBX 393.47 ($5.34).

In related news, insider Mike Inglis acquired 1,999 shares of the stock in a transaction on Wednesday, November 8th. The stock was purchased at an average price of GBX 248 ($3.36) per share, for a total transaction of £4,957.52 ($6,722.97). Also, insider Nicholas (Nick) Rose acquired 100,000 shares of the stock in a transaction on Monday, November 6th. The stock was bought at an average price of GBX 251 ($3.40) per share, with a total value of £251,000 ($340,385.14).

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