BT Group plc (BT) Receives Analyst Rating

BT Group plc (BT) has an average broker rating of 2, which is interpreted as a Buy, as rated by 4 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Also, Equity Analysts at the JP Morgan downgrades the rating on BT Group plc (NYSE:BT). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Overweight. The rating by the firm was issued on September 2, 2016.

BT Group plc (NYSE:BT): After opening at $25.08, the stock dipped to an intraday low of $25.02 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $25.43 and the buying power remained strong till the end. The stock closed at $25.4 for the day, a gain of 1.89% for the day session. The total traded volume was 543,903. The stocks close on the previous trading day was $24.93.

BT Group plc is a communications services company. The Companys activities are the provision of fixed-line services, broadband, mobile and television products and services, as well as managed networked information technology (IT) services in both the United Kingdom and across the globe. The Company operates in five segments: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach. BT Global Services is engaged in managed networked IT services. BT Business provides communications and IT services in the United Kingdom and the Republic of Ireland (RoI). BT Consumer segment is a provider of fixed-voice and broadband services in the United Kingdom. BT Wholesale provides services in Great Britain to more than 1,400 communications providers (CPs). Openreach provide services, such as copper and fiber connections between its exchanges and homes, and businesses.

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