BTGOF
BT Group plc·Communication Services
2.82
2.545%(+0.07)
Market ClosedLast Updated: — ET
52W L: $2.0052W H: $2.98
BTGOF NEWS
proactiveinvestors.co.uk
2d ago
UBS warns BT's free cash flow target looks unachievable as altnet competition bites
UBS has reiterated its 'sell' rating on BT Group PLC (LSE:BT.A) with a revised price target of 175p, up from 140p, arguing that persistent revenue declines will prevent the telecoms giant from hitting its long-held target of £3 billion in annual free cash flow by the end of the decade. The investment bank raised its target purely to reflect a broader re-rating of the European telecoms sector rather than any improvement in BT's fundamentals, and forecasts the stock will fall around 19% from its current level of 216p over the next 12 months.
proactiveinvestors.co.uk
Mar 27
US bank raises BT price target but keeps 'sell' rating ahead of May results
Citi has lifted its price target on BT Group PLC (LSE:BT.A) to £1.75 from £1.40, reflecting a broader sector re-rating, but maintained its sell rating on the FTSE 100 telecoms group, arguing that consensus forecasts remain too optimistic across a range of key metrics. The US bank said the market is too bullish on BT's medium-term revenue, consumer EBITDA, earnings per share and normalised free cash flow, but cautioned that fourth-quarter results on 21 May are unlikely to resolve any of those debates.
proactiveinvestors.co.uk
Mar 4
BT shares look expensive after recent rally, Deutsche Bank warns
The recent BT Group PLC share price rally has left the telecoms giant looking vulnerable, with Deutsche Bank reiterating its 'sell' rating and warning that investors should not mistake a run of good fortune for genuine defensive strength. Analyst Robert Grindle acknowledged the FTSE 100 company has benefited from two tailwinds this year, namely telecoms' relative defensive stature.
proactiveinvestors.co.uk
Feb 10
BT announces executive changes at Openreach and International units
BT Group PLC (LSE:BT.A) has announced a leadership reshuffle across two of its core business units, with Katie Milligan set to become chief executive of Openreach from 1 April. Clive Selley, the current Openreach CEO, will move to head BT International.
proactiveinvestors.co.uk
Feb 5
BT sales disappoint despite Openreach bright spot
BT Group PLC's latest update shows progress on fibre installations, but revenue pressures continue to drag. UBS analyst Polo Tang called it a “very weak” quarter on the top line, with earnings only meeting expectations thanks to cost savings.
invezz.com
Feb 5
Here's why the BT Group share price popped after earnings today
BT Group share price rose by over 3% on Thursday after the company published its financial results. It rose to 210p, its highest level since September last year, and ~180% above its lowest level during the pandemic.
