BT Group
BT.A: 348.38 -5.45 (▼1.55%)
| 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
Intraday
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).
Story provided by StockMarketWire.com
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).
Story provided by StockMarketWire.com
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
Story provided by StockMarketWire.com
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.”
Story provided by StockMarketWire.com
FLASH: BT appoints first Openreach chairman
Story provided by StockMarketWire.com
