BT Group plc (ADR) (NYSE:BT) a Buy: Oriel Securities

In a research note issued to investors, John Karidis at Oriel Securities Reiterated their Buy rating on BT Group plc (ADR) (NYSE:BT). The analyst placed a $530.00 price target on the stock which indicates a 676.90% upside to the last closing price.

BT Group plc (ADR) (NYSE:BT) shares opened the most recent trading session at 69.49 and at the time of writing the last Bid was at N/A. In the current trading session the stock reached as high as 69.64 and dipped down to 69.04. BT Group plc Common Stock, a NYQ listed company, has a current market cap of 56.50B and on average over the past 3 months has seen 186490 shares trade hands on a daily basis.

On a technical level the stock has a 50 Day Moving Average of 67.79. Based on a recent trade, this puts the equity at +2.62% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -1.36% away from it’s 52-week high of 70.53 and +22.37% away from the stock’s low point over the past 52 weeks, which was 56.85. On a consensus basis, analysts have a one year target price of 93.85. The company last reported earnings per share of 3.65.

The consensus analyst estimates according to First Call for the next quarter is 0.00. The current year EPS estimate on the stock is 3.83 and the EPS estimate for next year sits at 3.77. In looking at the fundamentals, BT has a P/E ratio of 19.01 and a price to book ratio of N/A. The company’s Book Value is -0.44 and most recently reported EBITDA of 7.99B. The price compared to next year’s EPS estimate in the current year is N/A.

Company Profile

BT Group plc (ADR) (BT) is a communications services companies, serving the needs of customers in the United Kingdom and in more than 170 countries around the world. The Company’s activities are the provision of fixed-line services, broadband, mobile and television products and services, as well as networked information technology (IT) services. The Company’s business include: BT Global Services, BT Business, BT Consumer, BT Wholesale and Openreach. BT Global Services is engaged in managed networked IT services. BT Business is involved in fixed voice, networking and broadband services. BT Consumer is a fixed-voice and broadband provider. BT Wholesale is a wholesale telecoms provider. Openreach delivers fibre broadband roll-out on behalf of the group.