BT Group plc (LON:BT.A)‘s stock had its “buy” rating reiterated by investment analysts at Haitong Securities in a research report issued on Tuesday, AnalystRatings.NET reports. They presently have a GBX 570 ($8.20) price objective on the communications services company’s stock.

A number of other brokerages have also commented on BT.A. Nomura lifted their price objective on BT Group plc from GBX 490 ($7.05) to GBX 525 ($7.55) and gave the stock a “neutral” rating in a research report on Tuesday, December 1st. Citigroup Inc. reiterated a “neutral” rating and issued a GBX 485 ($6.98) price objective on shares of BT Group plc in a research report on Friday, October 30th. Beaufort Securities reiterated a “buy” rating on shares of BT Group plc in a research report on Thursday, October 29th. Credit Suisse reiterated an “outperform” rating and issued a GBX 510 ($7.34) price objective on shares of BT Group plc in a research report on Monday, October 19th. Finally, RBC Capital reiterated an “outperform” rating and issued a GBX 580 ($8.34) price objective on shares of BT Group plc in a research report on Monday, January 25th. Six investment analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of GBX 513.65 ($7.39).

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 (LON:BT) 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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