Raymond James upgraded shares of BT Group (LON:BT.A) to a strong-buy rating in a research report released on Friday morning, Analyst Ratings Network.com reports. Raymond James currently has GBX 465 ($7.60) price objective on the stock.
Raymond James has also modified their ratings on a number of other stocks in the few days. The firm upgraded shares of BT Group plc from an outperform rating to a strong-buy rating. Also, Raymond James upgraded shares of Precision Drilling from a market perform rating to an outperform rating. Raymond James now has a $11.50 price target on that stock. Finally, Raymond James reiterated its market perform rating on shares of Canadian Natrl Res. They have a $38.00 price target on that stock.
BT.A has been the subject of a number of other recent research reports. Analysts at Barclays reiterated an overweight rating on shares of BT Group in a research note to investors on Thursday. They now have a GBX 410 ($6.70) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of BT Group from GBX 430 ($7.03) to GBX 435 ($7.11) in a research note to investors on Friday, November 29th. They now have a buy rating on the stock. Finally, analysts at Nomura reiterated a buy rating on shares of BT Group in a research note to investors on Tuesday, November 26th. They now have a GBX 420 ($6.87) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. BT Group has a consensus rating of Buy and an average target price of GBX 371.13 ($6.07).
The company also recently announced a dividend, which is scheduled for Monday, February 3rd. Stockholders 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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