- BT Group (NYSE:BT) ADRs are up 0.4% amid the down market today, as Societe Generale reiterates its Buy on the stock and sets a solid target.
- The analysts have a 550-pence target; in London trading, BT is up 2% to 412.15p, implying 33%-plus upside.
- Deutsche Bank has reiterated its Hold rating and 450p target (9% upside from current price).
- Yesterday, as rivals renewed their push for a split of BT's wholesale business, the company recommitted to delivering high-speed Internet of at least 300 Mbps to 10M premises by 2020.
- The ADRs are down 13% since Aug. 10.