Laurel Wealth Advisors Inc. Takes $270,000 Position in BT Group plc (NYSE:BT) – Fairfield Current
Laurel Wealth Advisors Inc. purchased a new position in shares of BT Group plc (NYSE:BT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also recently bought and sold shares of BT. Zacks Investment Research upgraded BT Group from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Monday, November 12th. The firm has a market cap of $29.63 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 8.83 and a beta of 0.67.