Citi raised the firm’s price target on BT Group (BTGOF) to 140 GBp from 130 GBp and keeps a Sell rating on the shares. Openreach’s external half turned to decline in 2024/25 and the firm expects it to deteriorate further, the analyst tells investors.
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Read More on BTGOF:
- BT Group Updates Shareholders on Voting Rights
- BT Group Announces Share Transaction by Key Associate
- BT Group price target raised to 260 GBp from 240 GBp at Morgan Stanley
- BT Group Executives Conduct Share Transactions Under Restricted Share Plan
- BT Group downgraded to Neutral from Buy at Rothschild & Co Redburn