BT share price: Analysts flag drop in telco’s pension deficit
The comments come amid expectations for an upcoming rate hike by the Bank of England (BoE). BT share price: Analysts flag drop in telco’s pension deficit. RBC Capital Markets’ comments came as the analysts reiterated their ‘outperform’ stance on the former telecoms monopoly, valuing the shares at 410p. The analysts argue that with an increased chance that the BoE will hike interest rates, the former telecoms monopoly would be within its rights to increase its discount rate, or the critical reference rate linked to bond yields.