Numis reiterates ‘buy’ rating on BT as it believes consensus forecasts are “likely to start climbing"
The broker's analysts said they think the consensus expects no volume growth post an Ofcom price cut, which the analysts think is “unrealistic”
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LON:BT.A
Operating in over 170 countries, BT is one of the world’s leading providers of communications solutions and services.
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The broker's analysts said they think the consensus expects no volume growth post an Ofcom price cut, which the analysts think is “unrealistic”
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
Look at what you could have won...borrowing Bullseye host Jim Bowen's catchphrase, stock-picker-in-residence John Harrington looks at the winners (and losers) of the blue-chip index
Archive
The next two weeks will be dominated by the Christmas and New Year holidays, of course, so investors will have to wait a while for the excitement of a trading update from Next PLC and the latest US report until the first week of 2018
In 2017, BT cut prices, paid a record fine to Ofcom and legally separated from its Openreach arm following a clampdown by the telecoms watchdog
The government has rejected BT's voluntary offer to improve broadband speeds in rural Britain
The government has decided that "only a regulatory approach will make high-speed broadband a reality for everyone in the UK"
BT and Sky's content sharing deal removes risks over the next bidding round for the broadcasting rights to Premier League football, UBS said
Archive
The corporate news diary is, not unsurprisingly, almost completely empty, while the macro calendar is also pretty Spartan aside from two CBI surveys and final UK GDP data
BT and Sky have teamed up after a long time of going head-to-head to securing the broadcasting rights to Premier League and Champions League football
A slump in the value of the pound was, as usual, a signal for investors to pile into FTSE 100 stocks
UBS’s analysts said the increase in rating and target was driven primarily by a lower pension deficit estimate at £6.5bn gross versus consensus of £11bn-£12bn
The bank’s analysts reduced their target price for BT to 350p from 420p, albeit with the shares currently changing hands at 263.95p each, up 0.5% or 1.2p on last night’s close
Gianluca Cimini was fired for disciplinary reasons last year, but then BT filed a criminal complaint accusing him of grave violations of corporate governance..
In a note to clients, the US investment bank maintained its ‘equal-weight’ rating on the blue chip telecoms giant but cut its price target back to 290p from 320p
Amazon is holding so-called ‘Lightening Deals’ while BT is offering discounts on broadband packages
Independent Openreach must be economically rational and act to benefit its 500+ communication provider clients to overbuild alternative networks and Virgin Media
BT Group's target price has been cut by Deutsche Bank, with the broker asserting competitive threats are not fully appreciated.
A look at some of the biggest risers and fallers today in London
Around 3.10pm, the FTSE 100 index was down about 6 points at 7,411, below the day’s peak of 7,425.19, but above the low of 7,389.54