BT Group

BT.A: 348.38 -5.45 (▼1.55%)

Delayed:2016-12-12 18:15:00
Bid Price 346.40 High Price 353.35
Ask Price 346.70 Low Price 343.75
Open Price 353.35 Spread 0.09%
Prev Close 346.70 Volume 20,775,855.00

BT Group Share Price Chart


Historic – 1 year

BT Group Share Price Information

Name BT Group Epic BT.A
Sector Fixed Line Telecommunications ISIN GB0030913577
Activites BT is one of the world’s leading providers of communications solutions serving customers in Europe, the Americas and Asia Pacific. Its principal activities include networked IT services, local, national and international telecommunications services, and higher-value broadband and internet products and services. In the UK, BT serves over 20 million business and residential customers, as well as providing network services to other operators. Security Type Equity

Key numbers

Latest Share Price (p) 346.55 Net Gearing (%) 74.46
Market Cap (£m) 35,554.38 Gross Gearing (%) 75.63
Shares in issue (m) 9,957.81 Debt Ratio 67.13
P/E Ratio 11.94 Debt-to-Equity Ratio 0.66
Divs per share (p) 14.00 Assets / Equity Ratio 4.10
Dividend Yield (%) 4.05 Price to book value 3.43
Dividend Cover 2.81 SROCE (%) 9.59
Earning per share (p) 29.90 EPS Growth (%) 12.83
52-week high / low (p) 502.30 / 342.18 DPS Growth (%) 12.90

BT Group Broker Views

Date Broker Rec. Price Old target price New target price Notes
12 Dec Macquarie Underperform 348.38 Reiterates
08 Dec Credit Suisse Neutral 348.38 400.00 400.00 Reiterates
07 Dec Deutsche Bank Sell 348.38 Reiterates
06 Dec Barclays Capital Overweight 348.38 550.00 525.00 Reiterates
05 Dec Jefferies International Hold 348.38 385.00 385.00 Reiterates

BT Group Director Deals

Date Director Type Volume / Price Trade Value
10 Nov 2016 Mike Inglis Buy 1400 @ 354.00p £4,956.00
09 Sep 2016 Gavin Patterson Buy 591 @ 395.00p £2,334.45
07 Sep 2016 Sir Michael Rake Dividend Reinvestment 211 @ 392.46p £828.09
15 Aug 2016 Gavin Patterson Buy 331 @ 399.00p £1,320.69
15 Aug 2016 Gavin Patterson Buy 574 @ 398.00p £2,284.52
29 Jul 2016 Tony Chanmugam Sell 150000 @ 414.00p £621,000.00
01 Aug 2016 Tony Chanmugam Sell 141364 @ 413.00p £583,833.32
01 Aug 2016 Tony Chanmugam Transfer In 141634 @ 0.00p £0.00
01 Aug 2016 Gavin Patterson Sell 66704 @ 413.00p £275,487.52
01 Aug 2016 Gavin Patterson Transfer In 141639 @ 0.00p £0.00

BT Group Company News

Broker Forecast – Barclays Capital issues a broker note on BT Group PLC

Barclays Capital today reaffirms its overweight investment rating on BT Group PLC (LON:BT.A) and cut its price target to 525p (from 550p).

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Broker Forecast – JP Morgan Cazenove issues a broker note on BT Group PLC

JP Morgan Cazenove today reaffirms its neutral investment rating on BT Group PLC (LON:BT.A) and cut its price target to 390p (from 440p).

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BT response to Ofcom update

BT Group has noted Ofcom’s update on the next steps of the digital communications review.

BT says: “We put forward proposals in July that we believe are fair and sustainable, and that meet Ofcom’s objectives without disproportionate costs. We are implementing these proposals, and have just appointed Mike McTighe to be the first chairman of Openreach. We are in discussions with Ofcom on two outstanding issues, the reporting line of the Openreach CEO and the form of legal incorporation.

“We will continue to work with Ofcom to reach a voluntary settlement that is good for customers, shareholders, employees, pensioners and investment in the UK’s digital future.”

At 9:22am: (LON:BT.A) BT Group PLC share price was +1.68p at 351.98p

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BT appoints first Openreach chairman

Mike McTighe has been appointed the first chairman of Openreach, BT’s local fixed network business.

McTighe, who takes up his role from January, is an experienced telecoms executive and regulator who spent eight years on the board of Ofcom.

He will oversee the new Openreach Board – which will operate from early 2017 – and be instrumental in selecting further independent members to join that Board.

BT announced in July 2016 it would implement governance changes to make Openreach more independent and transparent. Central to these was the creation of an Openreach Board with an independent chairman and a majority of independent members.

This Board will be accountable for setting the strategy and overseeing and managing the performance of Openreach, working with CEO Clive Selley and his management team. It will ensure that Openreach treats all customers equally whilst investing in better service, broader coverage and faster speed broadband.

BT Chairman Sir Michael Rake said: “I am delighted that Mike has agreed to be the first Chairman of Openreach. He has extensive experience and I am sure Openreach will benefit from his detailed industry and regulatory knowledge.

“We promised in July to create an Openreach Board and we are delivering on that promise. I remain hopeful this significant move by BT can help to underpin a sustainable, proportionate and fair regulatory settlement that is in the interests of the whole country.”

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FLASH: BT appoints first Openreach chairman

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