Research analysts at Jefferies Group increased their price objective on shares of BT Group (LON:BT.A) from GBX 430 ($6.98) to GBX 435 ($7.06) in a report released on Friday, American Banking News.com reports. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Nomura reiterated a “buy” rating on shares of BT Group in a research note to investors on Tuesday. They now have a GBX 420 ($6.82) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of BT Group in a research note to investors on Tuesday. They now have a GBX 411 ($6.67) price target on the stock. Finally, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of BT Group in a research note to investors on Thursday, November 21st. They now have a GBX 420 ($6.82) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of GBX 365.70 ($5.94).
The company also recently announced a dividend, which is scheduled for Monday, February 3rd. Shareholders of record on Monday, December 23rd will be paid a dividend of $3.40 per share. This represents a dividend yield of 0.91%. The ex-dividend date is Monday, December 23rd.
BT Group plc is a communications services company. The Company is engaged in providing and managing data and voice networks and providing a range of services over these networks.
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