No matching results for ''
Tip: Try a valid symbol or a specific company name for relevant results
Work & Management
UK Markets open in 2 hrs 9 mins
BT Group plc (BTGOF)
Other OTC - Other OTC Delayed price. Currency in USD
Add to watchlist
At close: 12:11PM EST
106 reactions on $BTGOF conversation
Sign in to post a message.
CREDIT SUISSE UPS TARGET PRICE ON BT
(Sharecast News) - Credit Suisse has upped the price target for BT Group shares, and reiterated its 'outperform' rating, after the telecoms group hiked its prices.
BT - which also owns mobile phone brand EE - confirmed earlier this month that landline, broadband, TV, sport and mobile bills will increase in line with inflation plus 3.9% from March 2020.
Credit Suisse said it was increasing the target price to 185p from 180p after upgrading 2023 earnings per share forecasts by 4% on the back of the move.
It raised full-year 2022-23 EBITDA by 0-1% "to reflect the impact of the consumer price increases. Full-year 2022-23 EPS estimates rise 1-4% and BT Group FY 22-23 normalised free cashflow forecasts rise 1-5%."
The bank said: "We reiterate our thesis of BT returning to EBITDA growth in 2022 as near-term Covid-19 impacts on global sports events and the UK economy reverse.
"We forecast a 1% BT Group EBITDA growth between 2020 and 2023 to £8.90bn, with consensus much too pessimistic, in our view, in forecasting a 4% decline over the same period."
As at 1300 BST, shares in the blue chip were up nearly 2% at 100.79p.
why is my bt shares shown in dollars on Yahoo site
BT has not been this low since 2010. Hopefully, it will climb back into the teens by the end of the year
Going ex-dividend next week at $.71 a share, and recently reported solid financial results!
There is no growth, no dividends, then tell me why should an investor buy into ?
BT to terminate ADRs soon and delist from NYSE and SEC. What are the implications for American and Canadian investors who own shares?
They are discontinuing adr program in USA no one yet knows after a week what that means to us ?
BT needs to move to quarterly dividends.
What's the record date for the next divi in August 2019?
any explanation for the current disaster known as BT ?
SP downward pressure is partly due to the fear of BT's "technical debt" - old legacy technology that has to be replaced at a costly price. The other is pension debt. If they are responsible and actively managing these issues (issues that won't be resolved overnight), investors will eventually come back and bid up SP. Good luck to you all.
Can anyone share insight on the close last night @ $11.87 USD for the ADRs and the open today at $10.76? I'm not understanding why Yahoo is only showing a .60% drop in price when it appears to be a 9.3% drop day over day...
The small investors love this stock but its impossible to make profit with the given option pricing. It will say in the current valuation ranges for long time
The company has a long recovery and needs to cut the dividend in half. Revenue is struggling. Global Services, in a 12-year restructuring, has been downgraded by Gartner. Once was the top global network company is now behind AT&T, Verizon, and Orange. The company is properly valued since it has no focus, has not accelerated to double-digit growth in mobile, cannot upgrade the local network, and cannot install services in a quick pace. If BT had to really compete, it would be out of business.
Do investors need to do anything to maintain their stock after de-listing from the US exchange?
Yahoo Finance Insights
BT is up 5.42% to 17.12
Stock broke 15.15 and now when a new CEO is announced, watch it start zooming upwards. 5G is coming and things will pick up for sure. It a $17 stock
I expected a better reaction to announcement that the CEO was going. A change of management at the head of BT Group is a very good thing, right now. As confidence returns this stock will rise again above $20. I am confident that this is a solid buy. It's bottomed already, now the stock will see better days again.
Chinese media just released the news that BT got its license today which will allow it to operate in China. It’s the first foreign telecom company in the history. I think it’s a strong buy tomorrow.
Now bttgy in over the counter mkt
Will you get a new $1,200 stimulus check during December?
Stock market rally: I’d listen to Warren Buffett and invest money in an ISA to retire rich
Value investing has had a record month. This cheap share is up 32%, but I’d buy now
© 2020 Verizon Media. All rights reserved.
About our ads