BT Group (LON:BTA) Receives Consensus Rating of “Hold” from Brokerages

BT Group (LON:BTA) has been given an average rating of “Hold” by the ten brokerages that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 274.50 ($3.59).

Several analysts recently commented on BTA shares. Deutsche Bank reduced their target price on BT Group from GBX 217 ($2.84) to GBX 175 ($2.29) and set a “sell” rating on the stock in a report on Monday, June 24th. Jefferies Financial Group restated a “buy” rating and set a GBX 340 ($4.44) price target on shares of BT Group in a report on Tuesday, May 7th. Berenberg Bank restated a “hold” rating and set a GBX 240 ($3.14) price target on shares of BT Group in a report on Thursday, July 4th. Barclays restated an “equal weight” rating and set a GBX 240 ($3.14) price target on shares of BT Group in a report on Friday, July 5th. Finally, Morgan Stanley restated an “equal weight” rating and set a GBX 230 ($3.01) price target on shares of BT Group in a report on Monday, July 15th.

The firm also recently declared a dividend, which will be paid on Monday, September 9th. Shareholders of record on Thursday, August 8th will be issued a dividend of GBX 10.78 ($0.14) per share. This represents a dividend yield of 4.92%. This is a boost from BT Group’s previous dividend of $4.62. The ex-dividend date of this dividend is Thursday, August 8th.

BT Group Company Profile

Further Reading: What is an investor looking for in an SEC filing?

Analyst Recommendations for BT Group (LON:BTA)

Receive News & Ratings for BT Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BT Group and related companies with MarketBeat.com's FREE daily email newsletter.