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Bt Group Plc (BT) [hlAlert]

up 11.19 %

Bt Group Plc (BT) rated Overweight by HSBC Securities

Posted on: Monday,  Nov 4, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Bt Group Plc (NYSE: BT) on 11/04/2013, when the stock price was $60.55. Since
then, Bt Group Plc has gained 11.20% as of 01/12/2016's recent price of $67.33.
If you would have followed this HSBC Securities's recommendation on BT, you would have gained 11.19% of your investment in 799 days.

BT Group plc (BT Group) is a communications services company. It operates in more than 170 countries worldwide. The Company?s principal activities include the provision of networked information technology (IT) services; local, national and international telecommunications services; broadband and Internet products and services, and converged fixed/mobile products and services. The Company is organized into four customer-facing lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach, which are supported by two internal functional units: BT Operate and BT Design. On May 31, 2008, the Company acquired Wire One Holdings Inc. and on July 9, 2008, it acquired Ufindus Ltd. On August 11, 2008, BT Group acquired Moorhouse Consulting and on July 29, 2008, it acquired Ribbit Corporation.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2013 8:25 AM Buy
as of 12/13/2013
1 Week down  -1.49 %
1 Month down  -0.76 %
3 Months down  -0.95 %
1 YTD down  -0.95 %

(*) Stock Price at the time of the recommendation.
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