BT Group (LON: BT.A) had its target price lifted by Goldman Sachs Group Inc. from GBX 355 ($5.36) to GBX 400 ($6.04) in a research note released on Thursday morning, StockRatingsNetwork reports. They currently have a buy rating on the stock.
Goldman Sachs Group Inc. has also modified their ratings on a number of other stocks in the few days. The firm upgraded shares of Alcatel Lucent from a sell rating to a neutral rating. Also, Goldman Sachs Group Inc. upgraded shares of Veolia Environnement from a neutral rating to a buy rating. Finally, Goldman Sachs Group Inc. upgraded shares of James Hardie Industries SE from a neutral rating to a buy rating.
A number of other firms have also recently commented on BT.A. Analysts at Credit Suisse reiterated an outperform rating on shares of BT Group in a research note to investors on Wednesday, July 10th. They now have a GBX 350 ($5.29) price target on the stock. Separately, analysts at Barclays Capital reiterated an overweight rating on shares of BT Group in a research note to investors on Tuesday, July 9th. They now have a GBX 360 ($5.44) price target on the stock. Finally, analysts at Raymond James reiterated an outperform rating on shares of BT Group in a research note to investors on Friday, July 5th. They now have a GBX 340 ($5.14) price target on the stock.
One analyst has rated the stock with a sell rating, eleven have given a hold rating and thirteen have given a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 312.75 ($4.72).
BT Group plc is a communications services company. The Company is engaged in providing and managing data and voice networks and providing a range of services over these networks.