BT Group (LON:BT.A) Earns Buy Rating from Berenberg Bank

BT Group (LON:BT.A)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a report issued on Thursday, London Stock Exchange reports. They currently have a GBX 300 target price on the communications services company’s stock. Berenberg Bank‘s price objective would suggest a potential upside of 24.94% from the stock’s previous close.

Separately, Citigroup lowered their target price on BT Group from GBX 175 to GBX 165 and set a “sell” rating on the stock in a report on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, BT Group presently has a consensus rating of “Hold” and an average target price of GBX 231.25.

BT Group Stock Up 3.7%

Shares of BT.A stock opened at GBX 240.12 on Thursday. BT Group has a 1 year low of GBX 173 and a 1 year high of GBX 247.30. The company has a debt-to-equity ratio of 187.58, a quick ratio of 0.83 and a current ratio of 0.89. The business’s fifty day moving average is GBX 203.90 and its 200-day moving average is GBX 205.40. The stock has a market cap of £23.66 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 0.38 and a beta of 0.69.

BT Group (LON:BT.A) last announced its quarterly earnings data on Thursday, November 5th. The communications services company reported GBX 9.70 earnings per share for the quarter. BT Group had a return on equity of 6.33% and a net margin of 4.11%. The business had revenue of GBX 875.30 billion during the quarter. Equities analysts expect that BT Group will post 19.12 earnings per share for the current fiscal year.

BT Group Company Profile

BT Group is the UK’s leading provider of fixed and mobile telecommunications and related secure digital products, solutions and services.

BT Group consists of four customer-facing units: Consumer serves individuals and families in the UK; Business covers companies and public services in the UK; International serves multinational organisations headquartered outside the UK and overseas public sector customers; Openreach is an independently governed, wholly owned subsidiary wholesaling fixed access infrastructure services to its customers – over 700 communications providers across the UK.
British Telecommunications Limited is a wholly owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.