Analyst Rating Update on BT Group plc (BT)

BT Group plc (NYSE:BT) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 4 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 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 1, which is also a Strong Buy.

For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, UBS upgrades its rating on BT Group plc (NYSE:BT).The analysts at the brokerage house have a current rating of Neutral on the shares. Earlier, the shares were rated a Sell by the brokerage firm. The rating by the firm was issued on April 28, 2016.

BT Group plc (NYSE:BT): stock turned positive on Tuesday. Though the stock opened at $26.57, the bulls momentum made the stock top out at $26.9163 level for the day. The stock recorded a low of $26.2965 and closed the trading day at $26.88, in the green by 6.62%. The total traded volume for the day was 947,800. The stock had closed at $25.21 in the previous days trading.

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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