BT Group – CLASS A (LON:BT.A) Given a GBX 280 Price Target at Credit Suisse Group

Credit Suisse Group set a GBX 280 ($3.66) price target on BT Group – CLASS A (LON:BT.A) in a research report released on Wednesday, Borsen Zeitung reports. The firm currently has a buy rating on the communications services company’s stock.

A number of other research analysts also recently issued reports on the company. Barclays reiterated an overweight rating and set a GBX 3,400 ($44.43) price objective on shares of in a research note on Friday, July 5th. Jefferies Financial Group cut their price objective on Kohl’s from $100.00 to $95.00 and set a buy rating for the company in a research note on Tuesday, May 21st. Societe Generale cut their price objective on BT Group – CLASS A from GBX 360 ($4.70) to GBX 320 ($4.18) and set a buy rating for the company in a research note on Tuesday, May 28th. UBS Group reiterated a hold rating and set a $145.00 price objective on shares of Baidu in a research note on Friday, July 5th. Finally, Numis Securities reiterated a buy rating and set a GBX 1,800 ($23.52) price objective on shares of in a research note on Monday, June 3rd. One research analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. BT Group – CLASS A has a consensus rating of Hold and a consensus target price of GBX 268.33 ($3.51).

Shares of LON:BT.A opened at GBX 192.06 ($2.51) on Wednesday. The company’s 50 day moving average is GBX 199.87. The company has a market cap of $19.06 billion and a P/E ratio of 8.89. The company has a current ratio of 1.09, a quick ratio of 0.88 and a debt-to-equity ratio of 165.99. BT Group – CLASS A has a 12-month low of GBX 190.68 ($2.49) and a 12-month high of GBX 268.60 ($3.51).

In other BT Group – CLASS A news, insider Allison Kirkby purchased 25,000 shares of the company’s stock in a transaction on Friday, June 21st. The stock was acquired at an average cost of GBX 203 ($2.65) per share, for a total transaction of £50,750 ($66,313.86). Also, insider Jan du Plessis purchased 876 shares of the company’s stock in a transaction on Thursday, May 16th. The stock was acquired at an average price of GBX 205 ($2.68) per share, with a total value of £1,795.80 ($2,346.53). Insiders acquired a total of 1,528,789 shares of company stock valued at $308,898,506 over the last 90 days.

About BT Group – CLASS A

BT Group plc provides communications services worldwide. Its Consumer segment sells telephones, baby monitors, and Wi-Fi extenders through high street retailers, online BT Shop, and Website BT.com; and offers home phone, copper and fiber broadband, TV, and mobile services in various packages. The company's EE segment offers 2G, 3G, and 4G mobile network services; broadband, fixed-voice, and TV services; and postpaid and prepaid plans, and emergency services network.

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Analyst Recommendations for BT Group - CLASS A (LON:BT.A)

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