Live Price Coverage: BT Group plc (ADR) Has Another Very Strong Trading Session

Live Price Coverage: BT Group plc (ADR) Has Another Very Strong Trading Session

The stock of BT Group plc (ADR) (NYSE:BT) is a huge mover today! About 179,169 shares traded hands. BT Group plc (ADR) (NYSE:BT) has declined 30.29% since April 11, 2016 and is downtrending. It has underperformed by 36.43% the S&P500.
The move comes after 7 months positive chart setup for the $43.25 billion company. It was reported on Nov, 11 by Barchart.com. We have $31.24 PT which if reached, will make NYSE:BT worth $15.57 billion more.

BT Group plc (ADR) (NYSE:BT) Ratings Coverage

Out of 7 analysts covering BT Group plc (NYSE:BT), 1 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 14% are positive. BT Group plc has been the topic of 10 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock has “Underperform” rating given by Macquarie Research on Wednesday, July 22. On Thursday, April 28 the stock rating was upgraded by UBS to “Neutral”. The rating was upgraded by Macquarie Research on Tuesday, June 28 to “Neutral”. The stock has “Buy” rating given by Citigroup on Monday, June 27. The firm has “Neutral” rating given on Monday, June 27 by Credit Suisse. The rating was reinitiated by JP Morgan with “Overweight” on Tuesday, January 12. The rating was downgraded by Macquarie Research on Friday, October 7 to “Underperform”. The rating was downgraded by Jefferies to “Hold” on Wednesday, April 20. Nomura downgraded the stock to “Neutral” rating in Monday, September 21 report. The rating was downgraded by JP Morgan on Thursday, September 1 to “Neutral”.

According to Zacks Investment Research, “BT is one of the world’s leading providers of communications services and solutions, serving customers in more than 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach. British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.”

Another recent and important BT Group plc (ADR) (NYSE:BT) news was published by Quotes.Wsj.com which published an article titled: “DOW JONES, A NEWS CORP COMPANY” on February 13, 2011.

BT Company Profile

BT Group plc, incorporated on March 30, 2001, is a communications services company. The Firm is engaged in selling fixed-voice services, broadband, mobile and television services and products, as well as various communications services ranging from phone and broadband through to managed networked information technology (IT) solutions and cyber security protection. The Firm operates in five divisions: BT Global Services, BT Business, BT Consumer, EE, BT Wholesale and Openreach. BT Global Services is engaged in providing 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 well-known provider of fixed-voice and broadband services in the United Kingdom. EE is a mobile network operator in the United Kingdom and provides mobile and fixed communications services to consumers, businesses, the public sector and the wholesale market. BT Wholesale provides services to communications providers (CPs). Openreach provides services, such as copper and fiber connections between its exchanges, and homes and businesses.

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