focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 113.15
Bid: 113.05
Ask: 113.15
Change: 0.95 (0.85%)
Spread: 0.10 (0.088%)
Open: 112.55
High: 114.60
Low: 111.90
Prev. Close: 112.20
BT.A Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Citi trims BT target price to incorporate Virgin Media contract loss

Fri, 08th Nov 2019 11:41

(Sharecast News) - Citi trimmed its price target on BT to 205p from 220p on Friday as it incorporated the loss of the Virgin Media wholesale contract, which was announced earlier this week.

On Wednesday, Virgin Media said it had agreed a five-year deal to switch its more than 3 million mobile customers to the Vodafone network once its agreement with BT runs out in late 2021.

Citi said its views on BT had not changed much following the second quarter results.

"We consider that both competitive dynamics and regulatory outlook are improving for BT. There are abundant cost efficiency for BT to drive long term EBITDA growth," it said. "However, over the next 12 months, BT still need to weather through a number of regulatory headwinds, with most of efficiency savings likely being reinvested to modernise system and drive future efficiency improvement."

It said that this, along with a potential dividend cut, further downside risks to consensus estimates and "noises around Champions League rights", leave it 'neutral' on the stock.

At 1145 GMT, BT shares were down 0.5% at 189.50p.
More News
26 Jun 2023 17:11

HSBC says to shift global headquarters to London finance district

(Alliance News) - Banking firm HSBC Holdings PLC will switch global headquarters to London's traditional City finance district, from its current Canary Wharf base in the east of the capital, it said Monday.

Read more
26 Jun 2023 06:01

BT apologises for faults that hampered UK's 999 emergency call service

(Alliance News) - BT Group PLC has apologised "sincerely" for technical faults as the primary 999 emergency call service was restored.

Read more
20 Jun 2023 09:35

LONDON BROKER RATINGS: JPMorgan sees negative catalysts for Ocado

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning on Monday:

Read more
18 Jun 2023 18:38

Sunday newspaper round-up: Drinkflation, Bank of England, BT Group

(Sharecast News) - Brewers have cut the levels of alcohol in many beers and lagers, saving millions of pounds in tax in the process. But they haven't cut prices for consumers. Food giants and grocers have done the same through stealthy reductions in package sizes and portions. Critics however hold that so-called drinkflation is the more insidious of the two, as bottle and cans stay the same size and hold the same amount of liquid. In the case of Foster's, which is sold by Heineken in the UK, alcohol by volume has been reduced from 4.0% earlier in 2023 to only 3.7%. - Financial Mail on Sunday

Read more
14 Jun 2023 17:05

Vodafone, Hutchison strike $19 bln deal to create UK mobile leader

Deal would create UK's biggest mobile operator

*

Read more
14 Jun 2023 11:37

TOP NEWS: Vodafone and CK Hutchison unveil mega UK mobile merger

(Alliance News) - Vodafone Group PLC and CK Hutchison Holdings Ltd on Wednesday announced a tie-up of their UK telecommunications arms, following talks which began last year.

Read more
14 Jun 2023 09:02

LONDON BROKER RATINGS: UBS raises Wizz Air to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
12 Jun 2023 11:00

Recession risks still loom for markets calmer after banking turmoil

June 12 (Reuters) - The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-crunch and a U.S. debt ceiling crisis has been averted.

Read more
2 Jun 2023 17:20

London stocks rise as US averts default; Dechra surges

Pelatro up on middle-east contract win

*

Read more
26 May 2023 17:45

Sunak and Google CEO discuss 'striking right balance' on AI regulation

(Alliance News) - Rishi Sunak has met with Google's chief executive to discuss "striking the right balance" between artificial intelligence (AI) regulation and innovation, Downing Street said.

Read more
24 May 2023 21:56

Sunak, AI leaders discuss 'existential threats', disinformation fears

(Alliance News) - Rishi Sunak has discussed with leading figures in artificial intelligence the need for regulation to mitigate risks ranging from disinformation and national security to "existential threats".

Read more
24 May 2023 11:22

UK's Ofcom allows Openreach to cut prices

(Sharecast News) - Britain's telecoms regulator has allowed BT to cut wholesale prices at its Openreach networking arm, despite claims from competitors that it would give the company an unfair advantage.

Read more
24 May 2023 09:29

Britain allows BT to discount wholesale fibre broadband

LONDON, May 24 (Reuters) -

Read more
24 May 2023 08:51

Ofcom signs off on BT unit Openreach's Equinox 2 scheme pricing in UK

(Alliance News) - BT Group PLC unit Openreach's Equinox 2 scheme has overcome a potential regulatory hurdle.

Read more
24 May 2023 07:09

Britain allows BT to offer wholesale fibre broadband discounts

LONDON, May 24 (Reuters) - Britain's telecoms regulator Ofcom said on Wednesday it would allow BT to offer new discounted wholesale fibre pricing to broadband providers as it did not consider the scheme to be anti-competitive. (Reporting by Paul Sandle; Editing by Kate Holton)

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.