BT Group plc (ADR) (BT) is Downgraded by JP Morgan to Neutral

BT Group plc (ADR) (BT) was Downgraded by JP Morgan to ” Neutral”. Earlier the firm had a rating of “Overweight ” on the company shares. JP Morgan advised their investors in a research report released on Sep 1, 2016.

Many Wall Street Analysts have commented on BT Group plc (ADR). BT Group plc (ADR) was Upgraded by Macquarie to ” Neutral” on Jun 28, 2016. BT Group plc (ADR) was Downgraded by Credit Suisse to ” Neutral” on Jun 27, 2016. BT Group plc (ADR) was Upgraded by Citigroup to ” Buy” on Jun 27, 2016.

BT Group plc (ADR) opened for trading at $25.86 and hit $26.1399 on the upside on Monday, eventually ending the session at $26.1, with a gain of 0.27% or 0.07 points. The heightened volatility saw the trading volume jump to 1,58,830 shares. Company has a market cap of $51,997 M.

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.

BT Group plc (ADR)

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