Brokerage Firm Rating Update on BT Group plc (BT)

BT Group plc (BT) : Zacks Investment Research ranks BT Group plc (BT) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 2, which indicates as a Buy.


For the current week, the company shares have a recommendation consensus of Buy. Also, JP Morgan downgrades its view on BT Group plc (NYSE:BT) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Overweight. The rating by the firm was issued on September 2, 2016.

BT Group plc (NYSE:BT): stock was range-bound between the intraday low of $26.08 and the intraday high of $26.345 after having opened at $26.2 on Wednesdays session. The stock finally closed in the red at $26.2, a loss of -1.91%. The stock remained in the red for the whole trading day. The total traded volume was 359,877 shares. The stock failed to cross $26.345 in Wednesdays trading. The stocks closing price on Thursday was $26.72.

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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