Zacks Investment Research downgraded BT Group plc (ADR) (NYSE:BT) to Sell in a report released today.
- Updated: October 17, 2016
Yesterday BT Group plc (ADR) (NYSE:BT) traded 1.17% higher at $23.33. The company’s 50-day moving average is $25.07 and its 200-day moving average is $28.39. The last stock close price is down -17.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 441,665 shares of the stock were exchanged, down from an average trading volume of 496,060
Zacks Investment Research has downgraded BT Group plc (ADR) (NYSE:BT) to Sell in a report released on 10/17/2016.
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BT Group plc (ADR) has a 52 week low of $22.49 and a 52 week high of $37.69 with a P/E ratio of 12.54 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 2 firms have reported on the stock. The consensus target price is $36.83 with 1 firm rating the stock a strong buy, 1 firm rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About BT Group plc (ADR) (NYSE:BT)
BT Group plc is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well as managed networked information technology (IT) solutions and cyber security protection. Its segments include Consumer, which provides fixed-voice, broadband, TV and mobile services; EE, which is a mobile network operator in the United Kingdom and provides mobile and fixed communications services to consumers; Business and Public Sector, which provides communications and IT services to businesses and the public sector in the United Kingdom and the Republic of Ireland (RoI) ;Global Services, which provides managed networked IT services to corporate customers; Wholesale and Ventures, which provides fixed and mobile services to communications providers (CPs); and Openreach, which provides copper and fiber connections between its exchanges and homes and businesses.
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