BT Group plc (ADR) (BT) was Downgraded by Credit Suisse to ” Neutral”. Earlier the firm had a rating of “Outperform ” on the company shares. Credit Suisse advised their investors in a research report released on Jun 27, 2016.
Many Wall Street Analysts have commented on BT Group plc (ADR). BT Group plc (ADR) was Upgraded by Citigroup to ” Buy” on Jun 27, 2016. BT Group plc (ADR) was Downgraded by Jefferies to ” Hold” on Apr 20, 2016.
BT Group plc (ADR) closed down -5.98 points or -18.21% at $26.86 with 27,56,780 shares getting traded on Friday. Post opening the session at $26.91, the shares hit an intraday low of $26.46 and an intraday high of $27.96 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
BT Group plc is a communications services company. The Company’s 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 1400 communications providers (CPs). Openreach provide services such as copper and fiber connections between its exchanges and homes and businesses.