BT Group (BTA) Earns “Hold” Rating from Berenberg Bank

BT Group (LON:BTA)‘s stock had its “hold” rating reiterated by stock analysts at Berenberg Bank in a report released on Wednesday, May 1st, Digital Look reports. They presently have a GBX 260 ($3.40) target price on the stock.

Several other analysts have also weighed in on BTA. Deutsche Bank reissued a “hold” rating and issued a GBX 235 ($3.07) price objective on shares of BT Group in a report on Thursday, January 3rd. Barclays reissued an “equal weight” rating and issued a GBX 250 ($3.27) price objective on shares of BT Group in a report on Tuesday, January 22nd. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 290 ($3.79) price objective on shares of BT Group in a report on Tuesday, January 29th. Numis Securities reissued a “buy” rating and issued a GBX 340 ($4.44) price objective on shares of BT Group in a report on Monday, February 4th. Finally, Jefferies Financial Group boosted their price objective on BT Group from GBX 265 ($3.46) to GBX 340 ($4.44) and gave the company a “buy” rating in a report on Friday, February 15th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of GBX 278.18 ($3.63).

Further Reading: Economic Reports

Analyst Recommendations for BT Group (LON:BTA)

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