BT Group Stock News

Citi has reiterated its 'sell' rating on BT Group PLC (LSE:BT.A) and trimmed its price target to 165p from 175p, pointing to long-term downside from the telecoms group's pension scheme. The reduction is driven less by trading than by the Pensions Regulator's Low Dependency Funding Basis, a framework requiring schemes to reach a position where they no longer depend on the sponsoring employer for...

Deutsche Bank sees around 23% downside in BT Group PLC (LSE:BT.A) despite a slightly better-than-expected first quarter and reiterated guidance. The German bank's analysts end the week sticking to a ‘Sell' rating and 150p price target, versus a market price of around 194p.

BT Group PLC (LSE:BT.A) reported a 4% fall in first-quarter profit but has maintained full-year guidance. The telecoms group posted profit before tax of £505 million for the three months to June, down from £526 million a year ago, as higher financing costs offset lower restructuring expenses.

A £167 million ($224.08 million) stake in Britain's biggest telecoms group BT was offered ​for sale via an accelerated bookbuild, ‌a bookrunner said on Monday.

The FTSE 100 Index has remained in a narrow range this week as traders reacted to the rising tensions between the US and Iran. It also wavered as the United States earnings season started, with big names like JPMorgan, Goldman Sachs, and Netflix releasing their earnings.

BT Group PLC's (LSE:BT.A) pension scheme could swallow billions more than investors expect, according to Citi, which warns the outcome may further delay progress on the dividend. The bank, which rates BT a sell with a £1.75 target price, hosted a teach-in on Tuesday with pensions expert John Ralfe.

UBS has flagged mounting pressure on UK retail broadband pricing from proposed cuts to wholesale charges, reinforcing 'sell' ratings on both BT Group PLC (LSE:BT.A) and Vodafone Group PLC (LSE:VOD). The bank published its quarterly review of UK broadband and mobile pricing, describing a market that remains intensely competitive.

European telecom stocks like BT Group PLC (LSE:BT.A) have been caught up in growing fears over the threat posed by satellite broadband, but UBS believes the market has become too pessimistic, arguing that the financial impact on the sector is likely to be limited for several years. Analyst Dhruva Kusa Shah said the recent sell-off reflected concerns that low-Earth orbit satellite operators, led...