Stock of the Week: Why Are BT’s Shares Rallying?
From Morningstar: 2025-05-02 05:34:00
UK’s FTSE 100 telecom stock BT is up nearly 20% this year, defying tariff turmoil. Factors include European stock outperformance, dividend favor, cost-cutting, profit margin growth, and passing price increases to customers. Openreach’s fiber broadband rollout benefits BT, although facing competition from new entrants. Morningstar analysis rates BT stock as slightly undervalued, trading at 171.85p below fair value estimate of 190p. Earnings announcement expected at end of May.
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