BG Group plc Given New GBX 1,370 Price Target at Morgan Stanley (BG.)
Analysts at Morgan Stanley decreased their price target on shares of BG Group plc (LON:BG.) from GBX 1,400 ($21.89) to GBX 1,370 ($21.42) in a research report issued to clients and investors on Tuesday, American Banking and Market News reports. The firm currently has an “overweight” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America Corp. reiterated a “neutral” rating on shares of BG Group plc (LON:BG.) in a research note to investors on Tuesday. They now have a GBX 1,250 ($19.54) price target on the stock. Separately, analysts at Investec reiterated a “sell” rating on shares of BG Group plc (LON:BG.) in a research note to investors on Monday. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of BG Group plc (LON:BG.) in a research note to investors on Monday.
One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. BG Group plc currently has an average rating of “Buy” and an average target price of GBX 1,411.92 ($22.08).
BG Group plc (LON:BG) is a natural gas company.
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