The stock of BT Group plc (ADR) (NYSE:BT) hit a new 52-week low and has GBX 21.21 target or 7.00% below today’s GBX 22.81 share price. The 9 months bearish chart indicates high risk for the GBX 45.15B company. The 1-year low was reported on Nov, 9 by Barchart.com. If the GBX 21.21 price target is reached, the company will be worth GBX 3.16 billion less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 132,625 shares traded hands. BT Group plc (ADR) (NYSE:BT) has declined 27.26% since April 7, 2016 and is downtrending. It has underperformed by 32.05% the S&P500.
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 of BT Group plc (ADR) (NYSE:BT) earned “Underperform” rating by Macquarie Research on Friday, October 7. Macquarie Research upgraded the shares of BT in a report on Tuesday, June 28 to “Neutral” rating. Macquarie Research downgraded BT Group plc (ADR) (NYSE:BT) on Wednesday, July 22 to “Underperform” rating. The stock of BT Group plc (ADR) (NYSE:BT) has “Buy” rating given on Monday, June 27 by Citigroup. The firm has “Neutral” rating given on Monday, June 27 by Credit Suisse. UBS upgraded the stock to “Neutral” rating in Thursday, April 28 report. The rating was downgraded by Jefferies to “Hold” on Wednesday, April 20. The rating was downgraded by JP Morgan on Thursday, September 1 to “Neutral”. The firm earned “Overweight” rating on Tuesday, January 12 by JP Morgan. The stock has “Neutral” rating given by Nomura on Monday, September 21.
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 Group plc is a communications services company. The company has a market cap of $45.15 billion. The Firm is engaged in selling fixed-voice services, broadband, mobile and television services and products, as well as managed networked information technology solutions and cyber security protection. It has a 12.73 P/E ratio.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.