BT Group plc (BT.A) Downgraded to “Neutral” at Credit Suisse Group

Credit Suisse Group downgraded shares of BT Group plc (LON:BT.A) to a neutral rating in a research report report published on Monday morning. Credit Suisse Group currently has GBX 310 ($4.08) target price on the communications services company’s stock, down from their previous target price of GBX 360 ($4.73).

Several other research firms have also recently weighed in on BT.A. Jefferies Group LLC reaffirmed a hold rating and issued a GBX 280 ($3.68) price target on shares of BT Group plc in a report on Tuesday, July 18th. Deutsche Bank AG reaffirmed a sell rating and issued a GBX 265 ($3.48) price target on shares of BT Group plc in a report on Tuesday, July 18th. Macquarie upped their price target on shares of BT Group plc from GBX 330 ($4.34) to GBX 340 ($4.47) and gave the stock an outperform rating in a report on Monday, July 17th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and issued a GBX 340 ($4.47) price target on shares of BT Group plc in a report on Monday, July 17th. Finally, Numis Securities Ltd assumed coverage on shares of BT Group plc in a report on Thursday, July 13th. They issued a buy rating and a GBX 390 ($5.13) price target on the stock. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 348.50 ($4.58).

COPYRIGHT VIOLATION NOTICE: “BT Group plc (BT.A) Downgraded to “Neutral” at Credit Suisse Group” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version

Several other research firms have also recently weighed in on BT.A. Jefferies Group LLC reaffirmed a hold rating and issued a GBX 280 ($3.68) price target on shares of BT Group plc in a report on Tuesday, July 18th. Deutsche Bank AG reaffirmed a sell rating and issued a GBX 265 ($3.48) price target on shares of BT Group plc in a report on Tuesday, July 18th. Macquarie upped their price target on shares of BT Group plc from GBX 330 ($4.34) to GBX 340 ($4.47) and gave the stock an outperform rating in a report on Monday, July 17th. Goldman Sachs Group, Inc. (The) reaffirmed a neutral rating and issued a GBX 340 ($4.47) price target on shares of BT Group plc in a report on Monday, July 17th. Finally, Numis Securities Ltd assumed coverage on shares of BT Group plc in a report on Thursday, July 13th. They issued a buy rating and a GBX 390 ($5.13) price target on the stock. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of GBX 348.50 ($4.58).

COPYRIGHT VIOLATION NOTICE: “BT Group plc (BT.A) Downgraded to “Neutral” at Credit Suisse Group” was originally posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/10/bt-group-plc-bt-a-downgraded-to-neutral-at-credit-suisse-group.html.

In other news, insider Isabel Hudson bought 3,367 shares of the company’s stock in a transaction dated Friday, August 11th. The stock was bought at an average cost of GBX 295 ($3.88) per share, for a total transaction of £9,932.65 ($13,058.97). Also, insider Sean Williams sold 18,945 shares of the stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of GBX 313 ($4.12), for a total transaction of £59,297.85 ($77,961.94).

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