Tempted by BT’s share price? Here are two things you should know

first_img See all posts by Edward Sheldon, CFA 11 May, Citigroup, target price lowered to 110p from 120p I see this activity as a bearish signal. In my view, it’s not a good sign that multiple brokers are downgrading their price targets for BT shares.I’ll also point out that analysts have lowered their earnings forecasts both for this year and next year quite significantly over the last few months. For example, over the last three months, the consensus earnings per share forecast for this year has fallen nearly 15%.Again, I see that as quite bearish. This kind of sentiment towards the share price and near-term earnings could hold the stock back, in my view.Insiders are loading up on BT.A sharesIt’s not all bearish news though. If we look at what company insiders at BT have been doing recently, in terms of buying and selling shares, the case for BT looks more promising.Since mid-May, seven board members at BT Group, including CEO Philip Jansen and chairman Jan Du Plessis, have purchased BT shares. And some of these purchases have been very substantial too.For example, Jansen’s purchase of 1.834m shares on 13 May cost him over £2m. Meanwhile, Du Plessis’ purchase of 500,000 shares on the same day, cost the chairman £530,000. These two purchases increased their personal holdings by 53% and 166% respectively.I see that kind of insider buying activity as quite bullish. The fact that these top-level insiders are willing to spend that kind of money on shares suggests they’re confident about the future and believe the FTSE 100 stock is undervalued.Would I buy BT today?Would I buy BT shares today in light of these developments? Weighing everything up, the answer’s no. The fact that insiders are buying is encouraging. However, I think the company still has a long way to go, in terms of turning things around.All things considered, I think there are much better stocks to buy right now. Tempted by BT’s share price? Here are two things you should know Simply click below to discover how you can take advantage of this. 23 June, Credit Suisse, target price lowered to 190p from 270p Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. It’s fair to say the performance of BT (LSE: BT.A) shares has been disappointing recently. This year, BT’s share price is down over 40%. Meanwhile, over the last three years, it’s down over 60%.If you’re tempted to buy BT shares after this drop in the share price, there are a few things you should know. Below, I’m going to share with you two interesting things I’ve discovered about BT while analysing the FTSE 100 stock recently.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…BT share price: brokers are lowering their targetsThe first thing I want to highlight about BT shares is that, since the company issued its full-year results in early May and suspended its dividend (both its final 2019/2020 dividend and all dividends for 2020/2021), a number of brokers have reduced their target for BT’s share price.I’ve listed the recent price target downgrades: I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 18 May, Jefferies, target price lowered to 220p from 260p Edward Sheldon, CFA | Monday, 6th July, 2020 | More on: BT-A center_img 11 May, Barclays, target price lowered to 120p from 130p Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Edward Sheldon has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares 27 May, Barclays, target price lowered to 115p from 120p Click here to claim your free copy of this special investing report now! Enter Your Email Address 5 Stocks For Trying To Build Wealth After 50 Image source: Getty Images. last_img read more

TV journalist badly wounded in targeted shooting

first_img News Help by sharing this information SomaliaAfrica Organisation Receive email alerts Follow the news on Somalia (photo: Abdirizak Jama Elmi) October 14, 2014 – Updated on January 20, 2016 TV journalist badly wounded in targeted shooting RSF_en to go further SomaliaAfrica RSF and NUSOJ call for release of a journalist held in Somalia’s Puntland region Radio reporter gunned on city street in central Somalia February 24, 2021 Find out more RSF requests urgent adoption of moratorium on arrests of journalists A London-based TV station’s bureau chief, he was shot several times outside his Mogadishu homeA shooting attack on a Somali journalist two days ago in Mogadishu has again highlighted the dangers for media personnel in what is one of the world’s information black holes.London-based Somali Channel Television’s Mogadishu bureau chief, Abdirizak Jama Elmi is in a serious condition in the city’s Madina Hospital after gunmen shot him several times outside his home in the district of Howlwadag at around midday on 12 October.“It is shocking that Somali journalists continue to be the victims of this kind of violence,” said Cléa Kahn-Sriber, the head of the Reporters Without Borders Africa desk. “We urge the authorities to not let this crime go unpunished and to pursue those responsible in accordance with the rule of law.”This is not the first time Abdirizak Jama Elmi has narrowly survived an attack. He was seriously wounded along with other journalists by a bomb targeting a news conference given by the Islamist militia Al-Shabaab in 2010.This week’s attempt to murder Abdirizak Jama Elmi has been firmly condemned by Somali journalists’ associations and by the African Union Mission in Somalia (AMISOM). The head of the National Intelligence and Security Agency, Gen. Abdirahman Mohamed Turyare, visited Abdirizak Jama Elmi in hospital and promised a thorough investigation into the shooting, suggesting that Al-Shabaab were to blame.Somalia continues to be one of the world’s most dangerous countries for media personnel. As well as being killed in connection with their work, journalists are also exposed to arbitrary arrest by the authorities and closure of news media. A car bomb killed radio journalist Yusuf Kenyan in June, while no fewer than seven journalists were murdered last year in Somalia, which is ranked 176th out of 180 countries in the 2014 Reporters Without Borders press freedom index. March 2, 2021 Find out more News News News January 8, 2021 Find out morelast_img read more