Bt Stock Price Forecast

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Bt Stock Price Forecast

Bt Stock Price Forecast For Next 12 Months

The BT is one of the top stocks in the FTSE 100 and is already up by more than 35% this year. However, the company is facing an expensive pension scheme, capex, competition, and a lot of debt.

According to the firm's CEO, they had a stormy start, but they have still managed to fix many things.

Bt'S Revenue Declined

quick look at the data shows that BT's revenue is down to just 20.4 billion, a decline of 2%. That's way lower than the firm's forecast for 1 to 2% growth.

According to BT, this weakness in revenue was due to softer handset trading and weaker sales in the international market. However, this decline was offset by gains in other areas.

Meanwhile, the profit before tax rose to 1.3 billion, a jump of almost 12%. In addition, the EBITDA of BT was near 8.2 billion, similar to the firm's forecasts.

All of these numbers show that BT has experienced steady growth and is heading in the right direction.

So, even after the recent advance, the BT shares still look very affordable, with a P/E ratio of 10.3. Looking ahead, they are experiencing a growth of 4.46% in the year 2027.

Also, the net debt of BT is around 20 billion, which is almost equal to their annual revenue. So, managing that debt shouldn't be an issue for BT at this stage.

According to a group of 15 analysts, the median target for BP shares' price is 199.4p during the next 12 months. Right now, the stock is hovering near 190p, which means very little upside is expected.

On top of that, BT also pays dividends and is among the old stocks in the FTSE 100 with a lot of history. So, for those who want exposure to the UK's telecommunications sector, the BT stock could prove to be the right fit.

However, it would be better to wait for a better entry, as buying at the current levels wouldn't yield any sizable returns.

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