BT Group: Here are four reasons to sell the shares
Portfolio Pulse from
UBS has reaffirmed its 'sell' rating on BT Group PLC, citing weaker-than-expected revenue in its Business division and rising expenses. The fiscal year 2025 forecast has been adjusted to a 1-2% revenue decline.
November 11, 2024 | 1:15 pm
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NEGATIVE IMPACT
UBS has reaffirmed its 'sell' rating on BT Group PLC, with a price target of 115 pence, due to weaker-than-expected revenue in its Business division and rising expenses.
UBS's reaffirmation of a 'sell' rating and the adjustment of BT's revenue forecast to a decline indicate negative sentiment and potential downward pressure on BTGOF's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80