Berenberg upgrades BT to 'buy', shares rally

9th Nov 2021 09:08

(Sharecast News) - Berenberg upgraded BT to 'buy' from 'hold' on Tuesday, lifting the price target to 200p from 175p as it highlighted four positive developments in the investment case.

Read more

JP Morgan raises target price for BT Group, says shares set to resume upwards journey

5th Nov 2021 15:46

(Sharecast News) - Analysts at JP Morgan raised their target price for shares of BT Group from 235.0p to 255.0p, telling clients that the shares were set to resume its "journey towards fresh all-time highs".

Read more

BT profits fall, confirms 2021/22 outlook as it accelerates savings target

4th Nov 2021 07:03

(Sharecast News) - BT Group on Thursday reported a fall in interim profits due to higher finance costs as it reaffirmed its outlook for this year and next while also bringing forward its cost-savings target.

Read more

Thursday preview: BoE decision, BT Group in focus

3rd Nov 2021 13:07

(Sharecast News) - The market spotlight will shift towards this side of the Pond on Thursday, as the Monetary Policy Committee announces its latest decisions.

Read more

BT Group and OneWeb team up to deliver LEO satellite services

2nd Nov 2021 11:27

(Sharecast News) - BT Group and OneWeb have inked a new distribution partnership agreement to provide the latter's Low Earth Orbit satellite communication services.

Read more

BT delivers on cost-savings target ahead of time, shares surge

1st Nov 2021 08:49

(Sharecast News) - BT shares surged on Monday after the telecoms group confirmed it has delivered on its cost-savings target ahead of schedule.

Read more

Sunday newspaper round-up: Heathrow, GSK, Roll-Royce

31st Oct 2021 15:25

(Sharecast News) - Plans for a third runway at Heathrow may have been dealt a fatal blow after Ferrovial balked at further investment. The Spanish infrastructure investor, Heathrow's top shareholder, signalled the move in protest over the Civial Aviation Authorities's decision to block a 90% rise in landing charges from 2022, which the company said meant shateholders would have to make do with lower returns. - Sunday Telegraph

Read more

BT said to be boosting defences against possible Altice bid

26th Oct 2021 15:45

(Sharecast News) - BT shares surged on Tuesday following a report the telecoms group has moved to strengthen its defences against a possible takeover bid by French billionaire Patrick Drahi, by hiring advisory firm Robey Warshaw.

Read more

Deutsche Bank lowers target price on BT

18th Oct 2021 12:25

(Sharecast News) - Analysts at Deutsche Bank lowered their target price on telecommunications giant BT from 140.0p to 125.0p on Monday, stating that risks were "inflating not abating".

Read more

HSBC cuts rating on BT to 'reduce'

13th Oct 2021 08:47

(Sharecast News) - HSBC has downgraded BT Group, citing potentially "major shifts" in the wholesale broadband market.

Read more

Ofcom brings in new broadband switching rules

28th Sep 2021 08:20

(Sharecast News) - British broadband customers will be able to switch providers more easily under a new service to be introduced by media regulator Ofcom.

Read more

Friday newspaper round-up: Saudi Arabia, Marks and Spencer, Oxford Nanopore

17th Sep 2021 07:13

(Sharecast News) - Ministers aim to secure a multibillion-pound investment from Saudi Arabia to fund renewable energy and infrastructure projects in the UK after yesterday's announcement of a £10 billion deal with the United Arab Emirates. Kwasi Kwarteng, the business secretary, visited Saudi Arabia in June for talks with its foreign minister, and negotiations are understood to be under way with Boris Johnson's investment envoy Lord Grimstone of Boscobel. - The Times

Read more

Deutsche Telekom considering options for BT stake

7th Sep 2021 11:10

(Sharecast News) - Deutsche Telekom said on Tuesday that it is considering options for its 12% stake in London-listed telecommunications company BT Group.

Read more

Numis upgrades BT Group but says shares overvalued

6th Sep 2021 14:32

(Sharecast News) - Analysts at Numis upgraded their recommendation on shares of BT Group from 'sell' to 'reduce' after the share price moved to just 14% above their 140.0p target price.

Read more

Sunday newspaper round-up: China, Central Banks, Sainsbury's

29th Aug 2021 21:13

(Sharecast News) - Some of China's most valuable public companies could abandon their American stock listings within months, experts have warned, after reports emerged that Beijing is planning a wider crackdown on tech companies going public overseas. The development means that more than $2tn (£1.5tn) of capital invested in the US shares of Chinese companies could be at risk. Reports on Friday suggested that Beijing was about to take further action against tech firms that deal with sensitive customer data, by forcing them to seek formal approval for initial public offerings (IPOs) outside China. - Guardian

Read more