UBS downgrades BT Group to 'sell', shares slide
27th Jun 2023 09:43
(Sharecast News) - BT Group tumbled on Tuesday after UBS downgraded the shares to 'sell' from 'neutral' and cut the price target to 120p from 146p, as it assumed a halving of the dividend amid free cash flow pressures.
Read moreSunday newspaper round-up: Drinkflation, Bank of England, BT Group
18th Jun 2023 18:38
(Sharecast News) - Brewers have cut the levels of alcohol in many beers and lagers, saving millions of pounds in tax in the process. But they haven't cut prices for consumers. Food giants and grocers have done the same through stealthy reductions in package sizes and portions. Critics however hold that so-called drinkflation is the more insidious of the two, as bottle and cans stay the same size and hold the same amount of liquid. In the case of Foster's, which is sold by Heineken in the UK, alcohol by volume has been reduced from 4.0% earlier in 2023 to only 3.7%. - Financial Mail on Sunday
Read moreUK's Ofcom allows Openreach to cut prices
24th May 2023 11:22
(Sharecast News) - Britain's telecoms regulator has allowed BT to cut wholesale prices at its Openreach networking arm, despite claims from competitors that it would give the company an unfair advantage.
Read moreAltice ups stake in BT to 24.5%
23rd May 2023 08:02
(Sharecast News) - Altice said on Tuesday that it has upped its stake in British telecommunications firm BT Group to 24.5% but insisted it does not plan to make a takeover offer.
Read moreCiti adds BT Group to 'European Focus List', reiterates 'buy'
22nd May 2023 10:11
(Sharecast News) - Citi reiterated its 'buy' rating on BT Group on Monday and added the shares to its 'European Focus List', "because of its deep value, and as it is a clear beneficiary from improving regulatory and market conditions".
Read moreBroker tips: BT Group, Hill & Smith
22nd May 2023 07:17
(Sharecast News) - Citi reiterated its 'buy' rating on BT Group on Monday and added the shares to its 'European Focus List', "because of its deep value, and as it is a clear beneficiary from improving regulatory and market conditions".
Read moreBT FY profits rise 5% in line with forecasts
18th May 2023 07:20
(Sharecast News) - Shares in BT Group slumped as the UK telecoms giant said it planned to axe up to 55,000 jobs by 2030 and become a "leaner" business.
Read moreBerenberg stays at 'hold' on BT Group heading into full-year results
18th Apr 2023 08:59
(Sharecast News) - Analysts at Berenberg reiterated their 'hold' recommendation and 160.0p target price on shares of BT Group heading into the company's full-year results on 18 May.
Read moreJP Morgan spies signs of rotation away from cyclicals
17th Apr 2023 11:09
(Sharecast News) - Equity strategists at J.P.Morgan reiterated their call for a rotation in investors' investment style away from so-called Value stocks and towards Growth and Defensive.
Read moreOfcom steps in as broadband providers fail to implement easier switching
3rd Apr 2023 12:58
(Sharecast News) - UK internet providers have been ordered to speed up broadband switching for customers after failing to meet a regulatory deadline and leaving millions of consumers with eye-watering bills, the industry watchdog said on Monday.
Read moreDeutsche Bank raises target price on BT
23rd Mar 2023 09:44
(Sharecast News) - Analysts at Deutsche Bank raised their target price on telecommunications firm BT 140.0p to 150.0p on Thursday, stating taxes had pushed the "lucky" group's price target higher amid "major challenges".
Read moreBT's Openreach to delay pricing plan after Ofcom probe delay
17th Mar 2023 09:00
(Sharecast News) - UK communication regulator Ofcom has delayed the conclusion of its investigation into a new BT Openreach broadband pricing plan by two months.
Read moreOfcom to probe inflation-linked price rises on phone, internet contracts
9th Feb 2023 09:04
(Sharecast News) - Britain's telecoms regulator is starting a probe into inflation-busting price rises mid-contract for phone and broadband customers.
Read moreOfcom rules BT's Openreach price plan not anti-competitive
3rd Feb 2023 09:23
(Sharecast News) - Ofcom said on Friday it was minded to back BT Group's planned Openreach wholesale prices, arguing they were not anti-competitive.
Read moreBT sees third-quarter revenues dip
2nd Feb 2023 07:01
(Sharecast News) - BT Group reiterated its full-year outlook on Thursday, despite seeing third-quarter revenues slip.
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