BT-A.L - BT Group plc

LSE - LSE Delayed price. Currency in GBp
119.95
+4.15 (+3.58%)
At close: 5:06PM BST
Stock chart is not supported by your current browser
Previous close115.80
Open116.00
Bid119.45 x 0
Ask119.70 x 0
Day's range115.70 - 121.10
52-week range98.39 - 212.25
Volume44,569,831
Avg. volume41,305,044
Market cap11.854B
Beta (5Y monthly)0.61
PE ratio (TTM)4.98
EPS (TTM)24.10
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date24 Dec 2019
1y target est284.59
  • Stock market crash bargains: I’d buy these 2 dirt-cheap FTSE shares today
    Fool.co.uk

    Stock market crash bargains: I’d buy these 2 dirt-cheap FTSE shares today

    The stock market crash has thrown up plenty of bargains, but these two FTSE stocks look hugely undervalued to me and make tempting targets.The post Stock market crash bargains: I'd buy these 2 dirt-cheap FTSE shares today appeared first on The Motley Fool UK.

  • Can Bt ride out the economic uncertainty?
    Stockopedia

    Can Bt ride out the economic uncertainty?

    Quality and value are two of the most powerful drivers of stock market profits. After the economic turmoil and market volatility we've seen in 2020, it's possi...

  • BT says Openreach sale report 'inaccurate' - internal message
    Reuters

    BT says Openreach sale report 'inaccurate' - internal message

    Britain's BT <BT.L> said a report in the Financial Times that it was in talks about selling a stake in its networks business Openreach was "inaccurate". "Many of you will have seen the reports overnight about BT being in talks to sell a stake in Openreach," Openreach CEO Clive Selley said in a message to staff.

  • Reuters - UK Focus

    LIVE MARKETS-Angling Direct: Living the bream

    You can share your thoughts Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Stefano Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan. While many European investors look in envy at the Nasdaq's positive 2020 performance, it does pay to bottom fish in one's small cap backyard pond! Shares in the UK fishing tackle retailer Angling Direct have staged an impressive comeback and surged over 170% since their April 6 lows.

  • Reuters - UK Focus

    LIVE MARKETS-Opss! That was Huawei wasn't it?

    You can share your thoughts Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Stefano Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan. There was further nervousness with another report that China could activate the so-called "Unreliable Entity List" if the U.S. blocked further tech supply to Huawei. One area where investors are focusing on a possible recovery is capital goods and industrial engineering: Q1 results were slightly better than expected and guidelines for 2020 and 2021 were confirmed after a slew of downgrades in early April.

  • Reuters - UK Focus

    LIVE MARKETS-A couple of bargains in capital goods

    You can share your thoughts Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Stefano Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan. One area where investors are focusing on a possible recovery is capital goods and industrial engineering: Q1 results were slightly better than expected and guidelines for 2020 and 2021 were confirmed after a slew of downgrades in early April.

  • What to watch: BT considers Openreach sale, Royal Mail boss departs, stocks rise
    Yahoo Finance UK

    What to watch: BT considers Openreach sale, Royal Mail boss departs, stocks rise

    A daily overview of the top business, market, and economic stories to watch in the UK, Europe, and abroad.

  • Reuters - UK Focus

    LIVE MARKETS-Bleak macro data for Germany, but mobility shines

    You can share your thoughts Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Stefano Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan. The worst GDP contraction since 2009 was not a surprise for financial markets and even if the next quarter could be even bleaker, Germany might overcome the coronavirus crisis better and before other European countries. Q1 data showed the construction sector and government consumption were the only growth drivers.

  • Bloomberg

    Is BT About to Join the $24 Billion Network Bonanza?

    (Bloomberg Opinion) -- For BT Group Plc, two things have long been sacrosanct: the dividend and ownership of its lucrative network. In 2020, it seems, the temple walls are being torn down.Over the past few years, carriers across Europe have looked at the vast sums needed to upgrade their fiber-optic connections and roll out fifth-generation wireless networks, and then at the lofty valuations put on existing network assets. One by one, they’ve decided to raise money from the latter to fund the former. It was a puzzle why Britain’s former national telecoms operator continued to be a holdout.On Thursday, the Financial Times reported that BT is in talks to sell a stake in broadband infrastructure division Openreach in a deal that could value it at 20 billion pounds ($24 billion) — twice BT’s market value. The report came a week after the company scrapped its dividend. If true, it would reveal just how urgently the London-based firm needs cash to fund a multibillion-pound full-fiber upgrade program, honor its pension commitments and preserve its investment-grade credit rating, according to Bloomberg Intelligence analyst Matthew Bloxham. There’s also the 5G network to think about.There would be hurdles to a deal — not least, foreign ownership of Britain’s main fixed network. The FT named Australia’s Macquarie Group Ltd. and an unidentified sovereign wealth fund as the potential investors. What's more, Jansen bought 2 million pounds of shares this week — if a deal really were in the works, it's unlikely that BT's compliance team would have permitted such a trade.BT Chief Executive Officer Philip Jansen has already been making a lot of the right moves to get in shape for the challenges ahead. The abandoned dividend and a new cost-cutting program will bring savings of some 5 billion pounds over the next five years, while the U.K. government has pledged a further 5 billion pounds to accelerate the rollout of fiber optic networks. But it’s hard to look beyond the huge appetite for network infrastructure, and the valuations similar assets have attracted.Just last week, Liberty Global Plc’s British broadband business was valued at 9.3 times Ebitda (a measure of operating performance) in a deal to combine it with Telefonica SA’s local mobile unit. BT as a whole is valued at just 1.3 times earnings on the same basis. The operator might have acted sooner were it not for Chairman Jan du Plessis’s staunch opposition to any divestment. Shortly after announcing Jansen’s appointment as CEO in 2018, du Plessis told the Daily Telegraph that 100% ownership of the division was best for “BT, for Openreach and for our stakeholders.” Just last week, when asked about the possible separation of the unit, Jansen responded, “Not now.”But selling a minority stake in the unit looks like the right move to shore up the company’s balance sheet. The right price would help BT stomach the humble pie brought on by a reversal of strategy, and reassure investors that, yes, even after the network investments, one day, the dividend will return.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • BT Insider Buying Brings Skepticism to Deal Talks, Say Analysts
    Bloomberg

    BT Insider Buying Brings Skepticism to Deal Talks, Say Analysts

    (Bloomberg) -- BT Group Plc rose as much as 10.3% in Friday trading after the Financial Times reported it’s held early stage talks to sell a multibillion pound stake in network unit Openreach. But analysts quickly said any discussions can’t be live or serious due to insider trading rules.London-based carrier’s Chief Executive Officer Philip Jansen bought 2 million pounds in shares on Wednesday. Other board members and close associates bought hundreds of thousands of shares the same day too, according to a stock market filing on Thursday, meaning they can’t hold insider trading knowledge.“We conclude that the story is false, or at the least, that talks are very early stage and that the approach is not being taken seriously,” said Berenberg analyst and BT’s former head of investor relations Carl Murdock-Smith, citing the share buying.Barclays analyst Maurice Patrick said the share purchases “imply an imminent sale is unlikely.”Read More: BT in Talks to Sell Stake in Network Unit Openreach, FT SaysJefferies analyst Jerry Dellis agreed: “We wonder how that transaction could have been authorized if BT were at the same time engaged in non-public negotiations of such a material nature, even at an early stage.”Spinning out or selling a stake in Openreach is a long-running subject of speculation, and Bloomberg reported investor interest in 2018. But BT management has repeatedly poured cold water on it. When asked about it last Thursday, Jansen said “the answer is: not now.”The unit could be valued at 20 billion pounds ($24 billion) and Macquarie Group Ltd and an unnamed sovereign wealth fund are potential buyers, the FT said, citing people close to the discussions. Both BT and Macquarie declined to comment. BT’s shares yesterday sank below 1 pound per share, hitting 11-year lows.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters

    BT in talks to sell multi-billion pound stake in Openreach - FT

    BT Group Plc <BT.L> is in talks to sell a multi-billion pound stake in its wholly owned network subsidiary Openreach to infrastructure investors to help fund an ambitious expansion in fibre broadband, the Financial Times reported on Thursday. The FT said potential investors, including Australian investment firm Macquarie Group Ltd <MQG.AX> and a sovereign wealth fund, had held talks in the last three weeks with the former telecoms monopoly. Macquarie, however, was not interested in a deal, a source close to the investment firm told Reuters.

  • Misery for investors as FTSE giants cut dividends by almost £24bn
    Yahoo Finance UK

    Misery for investors as FTSE giants cut dividends by almost £24bn

    Stats provided by broker AJ Bell show that since the start of the outbreak there have been 42 cuts by FTSE 100 companies totalling £23.8bn.

  • Reuters - UK Focus

    LIVE MARKETS-Norges Bank unlikely to join the sub-zero club

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Stefano Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan. The BoE is not the only central bank which seems reluctant to join the sub-zero club!

  • Reuters - UK Focus

    LIVE MARKETS-Money market investors, don't forget to look at stocks!

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London and Stefano Rebaudo (stefano.rebaudo@thomsonreuters.com) in Milan. Money market funds skyrocketed recently, even more than during the financial crisis, but sitting on cash might not be the best strategy, despite many unresolved coronavirus risks. There is a lot of uncertainty around: Investors worry about Donald Trump's rhetoric on the pandemic, which is putting further selling pressure on stocks.

  • Reuters - UK Focus

    MORNING BID-Turkey, trade tensions, terrible data

    The views expressed are his own.) Stronger than-expected Chinese export numbers might boost speculation that the Asian giant's economy can recover quickly and come to the aid of global growth. Another warning on the world economic outlook came from the Bank of England which said the coronavirus crisis could cause the biggest economic slump in 300 years. Markets are also wary of developments in Turkey where the lira has fallen to a record low of 7.25 against the U.S. dollar.

  • Is the BT share price too low?
    Stockopedia

    Is the BT share price too low?

    Good shares at cheap prices are what the very best investors look for. At this time of economic turmoil and market volatility, could BT (LON:BT.A) be one of th8230;

  • With the BT share price this low, should I buy?
    Fool.co.uk

    With the BT share price this low, should I buy?

    The BT share price is trading at one of its lowest levels in the past few decades. This could mean the stock is worth buying today.The post With the BT share price this low, should I buy? appeared first on The Motley Fool UK.

  • I think it’s worth buying BT shares now
    Fool.co.uk

    I think it’s worth buying BT shares now

    Despite fears of a dividend cut and years of struggle, BT Groups shares are worth buying if it can unlock the true value of its dominance in the UK telecommunications market.The post I think it's worth buying BT shares now appeared first on The Motley Fool UK.

  • Reuters - UK Focus

    UK made a firm decision on Huawei in 5G - foreign ministry's top official

    Britain's government made a firm decision to allow China's Huawei to have a role in building the country's 5G phone network and as far as the foreign ministry's top official understands it is not being reopened, he said on Tuesday. Britain decided in January to allow Huawei into what the government said were non-sensitive parts of its 5G network, capping its involvement at 35%.

  • BT has a high dividend yield of 12.6%. Can it be sustained?
    Fool.co.uk

    BT has a high dividend yield of 12.6%. Can it be sustained?

    BT’s a good income investment with a double-digit dividend yield. But with FTSE 100 companies cutting dividends, can BT be far behind?The post BT has a high dividend yield of 12.6%. Can it be sustained? appeared first on The Motley Fool UK.

  • Forget gold and Bitcoin! I’d invest in these 2 FTSE 100 firms to see out the stock market crash
    Fool.co.uk

    Forget gold and Bitcoin! I’d invest in these 2 FTSE 100 firms to see out the stock market crash

    Instead of gold or Bitcoin, Jonathan Smith explains why he is eyeing up BT Group and Hargreaves Lansdown.The post Forget gold and Bitcoin! I'd invest in these 2 FTSE 100 firms to see out the stock market crash appeared first on The Motley Fool UK.

  • Reuters - UK Focus

    LIVE MARKETS-Chinese stocks playing the unusual safe-haven

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. "Investors are starting to pay closer attention to Chinese equities as their valuations are attractive in comparison to the rest of the developed world on a Price to Earnings (P/E) basis," said Aneeka Gupta, director of research at WisdomTree writes in a client note.

  • Reuters - UK Focus

    LIVE MARKETS-What if governments raise corporate taxes?

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. The global response to COVID-19 emergency is unprecedented and it is clear that governments will emerge from the crisis with meaningfully higher debt ratios. Will European governments brace for more corporare tax to cover the higher expenses, BofA asks.

  • Reuters - UK Focus

    LIVE MARKETS-Dividends almost safe with telcos, but political risks loom

    You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@thomsonreuters.com), Joice Alves (joice.alves@thomsonreuters.com) and Julien Ponthus (julien.ponthus@thomsonreuters.com) in London. European telcos are thought to be somewhat of a dividend safe-haven even in a pandemic-induced recession scenario, but Barclays warns there are some risks of 'political' pay-out cuts. With cash at hand to cover at least 24 months of refinancing needs and no pressure to preserve cash as capital buffer like banks do, Barclays says the sector is a "relative dividend safe haven in these environments given their strong and resilient FCF generation".

  • Reuters - UK Focus

    RPT-UK broadband providers lift data caps during coronavirus crisis

    Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday. The companies, which include BT, Virgin Media , Sky and TalkTalk, committed to support and protect vulnerable customers during the pandemic after talks with the government and regulator Ofcom.

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